Flat tax on big polluters could fund basic income, finds UBC study

Flat tax on big polluters could fund basic income, finds UBC study

Authors say flat tax on companies who release carbon emissions and overexploit natural resources could largely fund a basic income program, while boosting Canada’s GDP by $541 billion The tar sands upgrader plant at the Syncrude mine north of Fort McMurray, Alta. A new study proposes taxing companies that pollute and overexploit natural resources could fund the US$41.6 trillion cost of basic income across the world. The study found it would boost global GDP by $US163 trillion. Listen to this article 00:10:41

Providing a universal basic income to Canadians could help boost the country’s gross domestic product by $541 […]

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