abstract:The Guaranteed Annual Income (GAI) is an alternative approach to the standard income assistance programs. By definition the GAI has a few different models that are housed under the concept.
Thebestexampleofa guaranteedincomeprogrammight actually be in the US. Alaskahas been giving out annualcashpayments to allresidentssince the 1980s, a dividendfrom thestate'soilrevenue.
The cost of a panel starts at 50, 000 euros, but with a tax break from the regional government and a guaranteedannualincome there is a long waiting list of willing buyers.