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Our taxes in Canada are a bit low, especially on the wealthy. However your argument seems to stem from "if we give it to everyone and cut nothing where does th
by singpolyma3 2y ago
Our taxes in Canada are a bit low, especially on the wealthy.
However your argument seems to stem from "if we give it to everyone and cut nothing where does the money come from". Well, a part of it comes from all the welfare programs it replaces (OAS, Ontario Works, etc) and a huge amount of it doesn't really exist (since for the vast number of people you'll tax back 100% of it anyway).
For the amount that's left, yes, one needs to choose a funding strategy. A real policy play with all the data available would have the needed numbers to begin to decide what that looks like