Opening Word document…
They’re distinct --- Guaranteed income only goes to those who need it --- UBI gives money to everyone unconditionally
Arlington Community Foundation, ND ("Guaranteed Income vs Universal Basic Income," Arlington Community Foundation, https://www.arlcf.org/guaranteed-income-vs-universal-basic-income/)
“Guaranteed income” refers to a regular cash payment accessible to certain members of a community, with no strings attached (ie, unconditional). Guaranteed income redistributes wealth to people who need it most and who’ve historically been impacted by lack of opportunities—largely people of color.
In contrast, Universal Basic Income (UBI) refers to all people getting a set amount of regular cash regardless of their income or need.
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