Switzerland's Basic Income Referendum

Switzerland's Basic Income Referendum was a national vote on whether to introduce a guaranteed monthly income for all citizens, regardless of employment, to ensure financial security. Proponents argued it would reduce poverty, simplify welfare, and promote individual well-being. Opponents raised concerns about high costs, potential work disincentives, and economic feasibility. While the idea gained significant public interest and debate, the referendum was ultimately rejected in 2016, with about 75% voting against it. The vote reflected cautious skepticism about implementing such a radical social policy on a nationwide scale.