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The way I see basic income (BI) is like when you get money back after doing your taxes only with a BI you get it up front and more of it. It's not meant to be
by dghughes 10y ago
The way I see basic income (BI) is like when you get money back after doing your taxes only with a BI you get it up front and more of it.
It's not meant to be your only source of income but I can see how some people would chose to use it as such. At first it would be confusing since any social programs currently in place such as welfare, unemployment insurance would be phased out.
The current government of Canada is proposing to implement or at least look at a basic income.
https://www.liberal.ca/policy-resolutions/100-priority-resolution-creating-basic-annual-income-designed-implemented-fair-economy/ https://www.liberal.ca/policy-resolutions/100-priority-resol...
- JustSomeNobody 10y agoThe problem I see with your statement is that most Americans know that SS is not a retirement fund, but they treat it as such because they don't save. So, when you say "It's not meant to be your only source of income ... " I see millions of people using it as such if BI is enacted.