Author Topic: Government Day-to-Day  (Read 13996 times)

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Offline wilber

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Re: Government Day-to-Day
« Reply #750 on: November 11, 2020, 06:37:14 pm »
I'm not saying it will be implemented tomorrow...  but I am hopeful it will be a byproduct of this virus. 3% GST increase to have a UBI (if this is the true cost) is a pretty small price to pay.  It can be brought in gradually, with all the other programs that it would replace being canceled gradually.

Pre Covid, adding 3% to the GST would bring in maybe another 25 billion in revenues. If we install a UBI does that mean we get rid of EI and if so would 25  billion be enough to replace the revenues from EI premiums as well as provincial welfare payments? I guess we should be looking at it but I have my doubts.
"Never trust a man without a single redeeming vice" WSC