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Old 09-10-2020, 03:18 PM   #16
GirlySports
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There is the issue of the US being too 'different' economically, $1000 in Podunk is different than $1000 in Manhattan. There are differences in Canada as well but not this extreme, yet.

Also, does getting $1000 equal income A) are you taxed on that and b) does $12,000 per year lose you other rights? Does it take you out of the lowest benefit bracket? Ie, would you lose healthcare, food stamps, etc... Or a simpler way to put this is, does UBI replace welfare?

Finally how to fund this? Yang proposes to tax the supply chain but we all know that just gets passed down the consumer in the end.

I would argue that the CERB was too high and the requirements to qualify for it, too low. My niece has been working minimum wage at Walmart throughout the pandemic at 30 hours per week (120 x 15 = 1800), making less than CERB if she had been let go. And that's with a $15/hr minimum wage, the highest in Canada.
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Last edited by GirlySports; 09-10-2020 at 03:21 PM.
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