Quote:
Originally Posted by GGG
You can increase tax as a percentage of gdp from about 40% to about 50% and fund a 20k GDP per year in Canada. any nations sustainably run around this point. That only includes UBI replacing retirement, EI programs and Child benefits, and not healthcare or education, or other programs.
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So a 25% increase in taxes, can be a mix of corporate, income or POS?
Also what happens to EI deductions? Just convert to income tax?
Any idea what that math looks like?
What impact does imposing a 25% global tax increase have on our society? Surely it’s not just a matter of “nothing will change”.