I don’t always take advice from foreign billionaires, but when I do, they should absolutely be advising American taxpayers on the need to give away their money while living in a floating tax shelter.
One solution to income inequality is giving out free cash, according to the British billionaire entrepreneur Richard Branson.
“A basic income should be introduced in Europe and in America,” Branson told David Gelles of The New York Times.
“It’s a disgrace to see people sleeping on the streets with this material wealth all around them,” Branson said.
A universal basic income, as it’s known, is a cash payment distributed to residents irrespective of their employment status.
Read the full story from Front Page Mag
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