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Switzerland holds referendum on basic income

Swiss voters have overwhelmingly rejected a proposal to introduce a guaranteed basic income for all.

Final results from Sunday’s referendum showed that nearly 77% opposed the plan, with only 23% backing it.

The proposal had called for adults to be paid an unconditional monthly income, whether they worked or not.

The supporters camp had suggested a monthly income of 2,500 Swiss francs (£1,755; $2,555) for adults and also SFr625 for each child…

Source: Switzerland holds referendum on basic income – BBC News

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