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Goodby welfare. Hello Basic Income


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2015 May 19, 9:54am   1,694 views  6 comments

by tovarichpeter   ➕follow (6)   💰tip   ignore  

http://leadersandlegacies.com/2015/05/01/goodbye-welfare-hello-basic-income/

We have built something exceptional here in Canada, despite coming of age besides the worlds most powerful nation. Yet as similar as we are to the U.S., we take great pride in our differences. We differentiate ourselves in many ways, from our parliamentary system of government, to our more egalitarian point of view, and through our emphasis on social programs for the common good — especially health care. Inequality is having a catastrophic effect on the U.S. economy, on the American social fabric, and in the health of its people. We are not immune. We are merely in a slower...

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1   HEY YOU   2015 May 19, 10:08am  

Basic income is a good idea. All Rep/Con/Teas in Big Govt. should be paid $2.00/hour/no benefits.
Any R/C/Ts that works for Free Market Capitalist Enterprise businesses should pay to work so the company has a guaranteed basic income.
Corporations are people too.

2   Tenpoundbass   2015 May 19, 10:13am  

That's exactly why BI is a bad idea, any Liberal brainchild recipient is dictated based solely on their voting preference.
To qualify you'll have to register in the darker region of the Panatone scale.

3   dublin hillz   2015 May 19, 11:41am  

A better approach would be to make employees over a certain age guaranteed full time not subject to whim of employer's "needs." Essentially it is better for society to have 1 employee who works 40 hours, than to have 3 employees who scrimp by at 13 hours each. The latter scenario is nothing other than distribution of poverty under the guise of lowering unemployment rate.

4   Reality   2015 May 19, 4:47pm  

A better solution would be re-interpreting what "minimum wage" is: instead of a line below which employment is illegal, it should become a minimum wage guaranteed by the government by having the government stump up the difference out of existing government budget. e.g. freeze government budget, and if an employer is only willing to pay $5/hr whereas the legislators have set $7.50/hr minimum wage, the government will pay the $2.50/hr difference at the time of the employee's tax filing for up to 40hrs per week and 52weeks in a year. That way, you achieve effective guaranteed income for all who can work. Employers still have to pay payroll tax; that combined with 40hrs per week limit on each tax filing employee claiming such credit will put somewhat of a limit on fake jobs, while giving those unemployed or on "disability" a chance to start on the job upgrade path.

5   Ceffer   2015 May 20, 12:38am  

Was that the good news or the bad news?

6   tatupu70   2015 May 20, 5:18am  

Reality says

A better solution would be re-interpreting what "minimum wage" is: instead of a line below which employment is illegal, it should become a minimum wage guaranteed by the government by having the government stump up the difference out of existing government budget. e.g. freeze government budget, and if an employer is only willing to pay $5/hr whereas the legislators have set $7.50/hr minimum wage, the government will pay the $2.50/hr difference at the time of the employee's tax filing for up to 40hrs per week and 52weeks in a year.

More corporate welfare. Great idea.

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