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Argentina’s Vice-President Christina Fernandez de Kirchner is sponsoring a new Basic Universal Wage bill through Congress. The monthly ‘universal wage’ of $50 would be paid to all unemployed residents of Argentina between 18 and 65.
This is not an unemployment insurance scheme, but a tax -funded grant to ensure that the basic needs of the unemployed are met, and to ensure that the unemployed remain within the embrace of society.
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