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Referendum Offered Money for Nothing, and the Swiss Say 'No'

Swiss voters overwhelmingly rejected a proposal that would have guaranteed everyone in the Alpine nation an unconditional basic income, according to projections published Sunday by public broadcaster SRF1.   The plan could have seen people in this wealthy nation of 8 million people receive about 2,500 Swiss francs ($2,560) per month — enough to cover their basic needs.   Proponents argued that a basic income would free people from meaningless toil and allow them to pursue...

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