Swiss to vote on $2,800 monthly income for all adults

In a move to combat growing pay inequality, Swiss citizens will vote on whether to give every adult in Switzerland a basic income.

BERNE — Switzerland will hold a vote on whether to introduce a basic income for all adults, in a further sign of growing public activism over pay inequality since the financial crisis.

A grassroots committee is calling for all adults in Switzerland to receive an unconditional income of 2,500 Swiss francs — about $2,800 — per month from the state, with the aim of providing a financial safety net for the population .... http://news.msn.com