Free money in Switzerland?

In October, activists in Switzerland acquired over 125 000 signatures, which is enough to initiate a referendum, on providing a monthly income of approximately $2 800 USD to every person regardless age and current wealth. Supporters of this proposal say that providing a monthly income would eliminate poverty almost entirely and release the entrepreneurial and creative qualities of the workforce; if people did not have to worry about putting food on the table at the end of the day, they would pursue careers and ideas that they actually enjoy rather than doing something just to survive.

8 million coins were poured in front of the Swiss parliament building, one for every citizen.

Personally, I partially agree with the fact that providing a monthly income to everyone would act as an incentive for creativity and ambition. However, for a country as large as Switzerland, there would be more people that would abuse this benefit by being lazy, as was the case with communism. Also, providing such a benefit to everybody would be unsustainable for the country unless the money spent on providing monthly incomes would generate enough returns through increased tax revenue as a result of the newly inspired entrepreneurial motivation, which is highly unlikely.

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