The idea is simple: a non-refundable tax credit for all adults. The value of credit depends on the income of each person and his financial proximity to the poverty line. For one person, Statistics Canada has set the minimum at $22,500 per year.
The organizations understand that the county will have to obtain additional funds to provide a guaranteed minimum income.
In their document explaining and explaining the project proposal published on Wednesday, the organizations assert that it is possible to raise millions of dollars by increasing, among other things, the 1% GST and 2% tax, the two higher tax categories, […]
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