I had a chance to talk to a professional who works very hard and makes very good money, and the conversation was about a pilot project by the Government of Ontario, here in Canada. The pilot project involves a few thousand people in three small cities, randomly invited to participate on the basis of broad demographic distribution. Each is guaranteed to have an income of at least $17,000 a year, with 50% of any employment income clawed back from the government topup. If someone has a job that makes them $20,000 a year, then the government subtracts half of […]
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