Accelerating Equity and Justice: Basic Income and Generational Wealth

New report from the Institute on Assets and Social Policy (IASP) shows combining monthly Basic Income with generational wealth-building Kids' Futures Accounts significantly reduces income and wealth disparities. Accelerating Equity and Justice: Basic Inome and Generational Wealth reveals how combined monthly Basic Income and Kids’ Futures Accounts promote family economic mobility at an unprecedented scale. When put to work in tandem, these programs have the power to eliminate income and asset poverty for U.S. households virtually and significantly increase racial wealth equity. The report highlights the urgent need for bold, disruptive, and transformational policy with equity, well-being, and racial justice at the center.