Can We Afford A Basic Income?

Can We Afford A Basic Income?

It’s a common refrain. “We can’t afford a basic income.” “It would cost too much money.” “Where’s all that money supposed to come from?”

These are valid concerns – money doesn’t grow on trees, so if we don’t have the money then it doesn’t matter how many people it would help, we simply can’t do it. But what if we can afford it?

The actual cost of a Canada-wide basic income has been proposed by researchers and economists. There are cost projections that vary widely depending on how a basic income is done. Specifically: The amount of the payment. […]

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