Business Insider
For four years in the late 1970s, Canada’s Manitoba province ran a program called the Manitoba Basic Annual Income Experiment, or MINCOME.
It was a guaranteed annual income program, which typically channels funds to people based on their income. In many cities throughout Manitoba, only a certain number of people could participate in the program.
MINCOME was different, however, in the small rural town of Dauphin, Manitoba. There, every single resident could participate. Families with no income from other sources received payments that put them at 60% of the annual income, considered the cut-off for being low-income. That cut-off varied by family size.
If a family was bringing in money, each dollar reduced the benefits by 50 cents.
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