Singapore: Nominated MP proposes temporary universal basic income scheme to help S'poreans get through Covid-19 crisis

Submitted by pmassetti on Tue, 04/07/2020 - 16:30
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The Straits Times (07.04.2020) Give all Singaporeans a universal basic income for the duration of the coronavirus crisis, to assure them that their basic needs will be met even if they lose their jobs, said Nominated MP Walter Theseira. Under his proposal, dubbed the Majulah Universal Basic Income Scheme (MUBI), all Singaporeans - including children and retirees - will get $110 a week for 12 weeks. This will be considered taxable income and cost $4.62 billion.

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Proposal: Give all Singaporeans a universal basic income for the duration of the coronavirus crisis, to assure them that their basic needs will be met even if they lose their jobs, said Nominated MP Walter Theseira. Under his proposal, dubbed the Majulah Universal Basic Income Scheme (MUBI), all Singaporeans - including children and retirees - will get $110 a week for 12 weeks. This will be considered taxable income and cost $4.62 billion.

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