Paying close attention to the evidence about Basic Income is a timely idea.
The new CANCEA – UBI report, Potential Economic Impacts and Reach of Basic Income Programs in Canada , states that Basic Income (BI) could kickstart Canada’s economic recovery, while ending poverty and growing the middle class. It shows that a BI program could be funded with a minimal tax increase, by using debt that can be paid down with new tax revenues generated by the program.
It could add $32 billion a year in gross operating surplus to Canada’s businesses within 5 years.These are compelling statistics. If you […]
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