Basic income will relieve poverty, but requires higher taxes, reduced spending: research

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CanadaGuaranteed Basic Incomehelps alleviate poverty, but jeopardizes financial sustainability and labor supply in some states A new study published Thursday said it could be.

Halifax-based economic think tankAtlantic Canada Economic Councilreports that by providing people with monthly checks, everyone can It is said that it will be possible to secure enough money to meet the essential needs. Includes food, housing and clothing.Studies have found that income support will reduce inequality, establish a sense of financial stability and promote savings.Still, the basic income program—whether […]

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