Comment on Corporations raised $16 million to oppose Oregon's universal basic income plan. They won.

Corporations raised $16 million to oppose Oregon's universal basic income plan. They won.

iStock; Rebecca Zisser/BIOregon's universal basic income measure failed, with 78.8% of voters opposing the policy.The measure proposed giving $1,600 annually to state residents, funded by a corporate tax increase.Basic income programs have been tried across the US as an approach to poverty reduction.Oregon's effort to institute a statewide universal basic income failed on November 5.

 

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