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Why Greece needs a basic income

Business Insider - 26 Feb 2015 12:27
Why Greece needs a basic income In his letter to the European Commission, the ECB and the IMF outlining the reform proposals of the new government in Athens, Greek finance minister Yanis Varoufakis raised an interesting concept -- a Guaranteed Basic Income. Greece has a well-known problem with tax collection -- it can't seem to do it. According to OECD figures the country only succeeded in collecting just over half the tax revenue that it was owed in 2010. And even more potential revenue is lost through both professionals sign...
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