Canada finally reveals the results of its universal basic income experiment
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Hospitals have to be nonprofit here, so we can’t actually have shareholder payouts.
Executive compensation is public information in Ontario and you can look it up - often they’re paid less than Doctors in their own hospital.
EDIT: also, unit rates are set but the insurer (in this case the govt), so its not like hospitals can charge different amounts based on internal costs.
That’s a precious thing. Guard it jealously.
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Choosing the right level of income is the key for UBI to work, it has to be enough to live and survive but not so much that a recipient can enjoy luxury. Most people like to contribute to society, being is social is how humans are so dominant as a species.
Most people will contribute to the economy if they can, because it supports ambition, better lifestyle but it doesn’t put pressure to worry about where today’s food is going to be, people take more risks, be more entrepreneurial, explore more curiosity, explore new ideas, people spend time on acquiring more useful skills.
A mentally healthy mind is not entirely lazy. Being lazy perpetually reflects a deeper problem that is psychological to some degree such as having no hope or not being able to Imagine a happy future, or feeling helpless. Mentally healthy people want to contribute to society.
Economy as a whole will expand, which will pay in turn for UBI. First few years of UBI might be heavier on tax payers of the old system, but in long term UBI will lead to better economy. Question is not who is going to pay for it, question is can people agree to pay more out of their own pocket now for a better future for everyone? OR are we doomed as a species by exploiting our own kind?
Choosing the right level of income is the key for UBI to work, i
Democracy is the idea that the political authority of the people is conveyed to the government, who utilizes that investment to provide services to taxpayers. The key to making UBI to work is not the specific level of income it provides. The key is convincing the general public that it is a return on their investment.
Once we have collectively adopted the idea that we are shareholders, and individually owed for the political authority we provide, establishing an appropriate dividend will happen through routine politics.
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For those who do not believe that UBI is unsustainable on scale:
The idea of UBI: “Universal Basic Income (UBI) is a social welfare concept that proposes providing all citizens or residents of a particular country or region with a regular, unconditional sum of money, regardless of their income, employment status, or wealth”
There are 32,708,656 Canadians as of 2024 aged 20 or older according to population estimates.
Population estimates on July 1, by age and gender
Estimated number of persons on July 1, by 5-year age groups and gender, and median age, for Canada, provinces and territories.
(www150.statcan.gc.ca)
The 2023-2024 total revenues for Canada was $459.5 billion.
Annual Financial Report of the Government of Canada Fiscal Year 2023-2024 - Canada.ca
Annual Financial Report of the Government of Canada Fiscal Year 2023-2024
(www.canada.ca)
The article cites the experiment where the participants received either $16,989 CAD/year as a single person or $24,027 CAD/year. UBI is supposed to be the same payment regardless of any status, so I am going to use the single person amount for scale.
32,708,656 * $16,989 = $555,687,356,784
$555,687,356,784 - $459,500,000,000 = $96,187,356,784
Canada would need to make almost $100 billion more in revenue every year just to cover UBI, and that does not include anything else Federal revenue is used for.
UBI is not sustainable on scale, and there are better options.
Not even the slightest interest in figuring out the truth?
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Id say giving 68k in taxes on an average Cdn family income of 158k is taxed to death, wouldn’t you?
Fraser Institute is a conservative Canadian org. They cheat on their taxes and don’t pay them because they’re “a charity” and think no one else should pay taxes. Of course they fudge numbers like this and find extremes.
If you do the actual math on your personal taxes, unless you are somehow extra ordinary, you’ll find overall you’re being taxed in the neighbourhood of 30%.
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Not even the slightest interest in figuring out the truth?
Explain it to me. Preferably with your own numbers, and assessments.
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Why would I, a single individual, need two cars? I’d be completely in support of one-personal-car-per-person regulations.
The best places to rent in my country are the buildings owned by the city. Even mom and pop are leeching income off the less-wealthy by providing absolutely no services.
We shouldn’t live in a capitalist society. It’s a bad system that leads to oligarchy and class division. Economic strength is meaningless when the economy isn’t in service of the people. Look at all the rights people in the US have. I’m told they’re euthanizing disabled people in Canada now because they’re a financial burden on the healthcare system. Capitalism isn’t helping anyone except the rich.
We shouldn’t live in a capitalist society. It’s a bad system that leads to oligarchy and class division.
Its definitely not a perfect system, but show me one thats better? I mean Canada has a capitalist economy but with as strong social support network underlying it. I cant think of a better way to run a country.
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You do know that GDP and economy are different and every year that goes by our economy in Canada gets worse because of heavily stagnant wages and uncontrolled rent and housing prices? It’s not good, we’re just starting from a relatively higher point than many other places.
Also all you did there was compare private(large) to private(small), which isn’t anywhere close to the argument you think it is.
Yes Im aware of the difference. I guess the issue is that I dont see the people who are not making it being the economies fault, primarily because I have 3 adult children and 3 adult step children between 25 and 39 and they are ALL doing ok financially. One is just getting by, the the other five are already making more money and living more comfortably than I did at their age and they’re doing it on their own, with no help from us. So I have a hard time understanding why anyone cant make IF they want to bad enough in Canada. The opportunities are here (2 of my kids are self starting entrepreneurs) if you work hard enough. Yes, wages are stagnant if you’re working retail at a mall, but no one’s stopping anyone from upgrading their education and getting a better job. Our immigrants do it, Canadians can do it too.
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Explain it to me. Preferably with your own numbers, and assessments.
I told you earlier that I don’t have numbers. My assessment is that the numbers you provided aren’t valid and I explained why in the last two comments. You can respond to those if you like. Repeating what you’ve said word for word does not add any new information. If you don’t want to continue the discussion, that’s fine, but if you have insight on why my reasoning might be wrong, I’d like to hear it.
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I told you earlier that I don’t have numbers. My assessment is that the numbers you provided aren’t valid and I explained why in the last two comments. You can respond to those if you like. Repeating what you’ve said word for word does not add any new information. If you don’t want to continue the discussion, that’s fine, but if you have insight on why my reasoning might be wrong, I’d like to hear it.
Your reasoning is wrong because it has nothing to do with my point. There has been no discussion because of that. It is a simple math problem.
Take care.
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Since when could they do that before? I bought my first house in the early 80s with a low skill job but the definition of “house” has changed. Most people would not consider a square 1940’s 600 sq ft shack with asbestos siding and single pane windows on the wrong side of the tracks worthy of a house they’d want to own, but we did.
At least you had one. It’s probably worth half a mil today and out of most people’s reach.
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Why should you own anything privately? You dont need two cars, one should be seized and auctioned publicly so someone else could have a car right? Why are you hoarding them?
Because we live in a capitalist society thats why. There are countries that do what youre proposing but they are much weaker economically and people dont have nearly the rights they do in Canada.
And of all the places to rent, guess who provides the most reasonable places to rent in the country? Is is Blackrock? No. Is it a consortium of investors? No. Is it a commercial landlord in your city? No. Its ALWAYS the mom and pop landlords who rent out basement suites and houses. Get rid of them and rent averages go UP.
Because there isn’t a shortage of cars, and cars aren’t necessary to live. However, housing is. Having a shelter to live in is a basic human need. It shouldn’t be hoarded by rich elite few who own so much they basically control the whole fucking market.
If housing is limited and is a living necessity, it should totally be regulated.
Capitalism is an inhumane system that glorifies profit and undervalues human life and human rights. In order for capitalism to succeed, it needs cheap labour, it needs wage slaves, or even better, actual slaves. If capitalism had any provisions for social justice, equality, equity, respect of human rights and human life, it wouldn’t even be viable.
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At least you had one. It’s probably worth half a mil today and out of most people’s reach.
Actually it got torn down to make way for a Shoppers Drug Mart.
But you got me curious so I went back to my home town and searched for a similar house in the same area. Found one similar to it but about 15 years newer and bigger listed for 159k so Id say mine if it was still standing would be about 145k. We sold for 33k so its gone up 4.4 times in value in 40 years. But then again the Canadian dollar has gone up 3.7 times in value due to inflation in the same time period.
So, yes houses cost more than they did, but not MUCH more in that town in particular.
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Yes Im aware of the difference. I guess the issue is that I dont see the people who are not making it being the economies fault, primarily because I have 3 adult children and 3 adult step children between 25 and 39 and they are ALL doing ok financially. One is just getting by, the the other five are already making more money and living more comfortably than I did at their age and they’re doing it on their own, with no help from us. So I have a hard time understanding why anyone cant make IF they want to bad enough in Canada. The opportunities are here (2 of my kids are self starting entrepreneurs) if you work hard enough. Yes, wages are stagnant if you’re working retail at a mall, but no one’s stopping anyone from upgrading their education and getting a better job. Our immigrants do it, Canadians can do it too.
So everyone within your very close, related circle is doing ok and that’s indicative of the diverse country as a whole?
Wages are stagnant for everyone. I’m an architectural technologist and wages are absolutely getting worse year over year despite it being an important, educated, in demand job. The fact that you think I’m talking about mall retail points only to your complete failure to have a shred of empathy for the poor and for any kind of job you don’t understand. Also, retail seems to be pretty fucking important and shouldn’t be thrown aside and allowed to have stagnant wages either, you broken twat.
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Actually it got torn down to make way for a Shoppers Drug Mart.
But you got me curious so I went back to my home town and searched for a similar house in the same area. Found one similar to it but about 15 years newer and bigger listed for 159k so Id say mine if it was still standing would be about 145k. We sold for 33k so its gone up 4.4 times in value in 40 years. But then again the Canadian dollar has gone up 3.7 times in value due to inflation in the same time period.
So, yes houses cost more than they did, but not MUCH more in that town in particular.
Anywhere else, homes DO cost more. WAY more.
My parents bought their house, brand new, on paper, in a suburban part of Montreal for 60k which was about the same amount as their yearly gross pay combined working as financial advisors in a local financial institution.
The same house today actually costs between 450-500k. The pay for that same position? 40k/person for the same amount of experience they had back then. That would make it about 80k/year. So the same house costs nearly 6 times the combined wages for that same position. SIX TIMES! And it’s not even is a nice place. It’s far from everything, has little public transportation options, and is surrounded by oil refineries.
I don’t know what small town you bought your house in, but it doesn’t reflect the reality that the vast majority of Canadians face.
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parasites in nature try to keep their host alive and happy for as long as possible sothat they too can live. modern capitalists are an exceptionally nasty parasite that actively drains and kills its host.
Exactly, so more a viral entity than a parasitic one.
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So everyone within your very close, related circle is doing ok and that’s indicative of the diverse country as a whole?
Wages are stagnant for everyone. I’m an architectural technologist and wages are absolutely getting worse year over year despite it being an important, educated, in demand job. The fact that you think I’m talking about mall retail points only to your complete failure to have a shred of empathy for the poor and for any kind of job you don’t understand. Also, retail seems to be pretty fucking important and shouldn’t be thrown aside and allowed to have stagnant wages either, you broken twat.
Dude. one of my kids is a house cleaner. Give up your prejudiced opinion. But the difference between her and the average retail worker is she decided to start her own company and has now got enough work she can hire another worker. And she works her ass off scrubbing other people’s toilets, bathtubs and sinks for hours a day on her knees.
There IS a way out of the hole if a person is motivated enough. But I dont have sympathy for those who aren’t motivated enough to bust their asses to move up the ladder.
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Dude. one of my kids is a house cleaner. Give up your prejudiced opinion. But the difference between her and the average retail worker is she decided to start her own company and has now got enough work she can hire another worker. And she works her ass off scrubbing other people’s toilets, bathtubs and sinks for hours a day on her knees.
There IS a way out of the hole if a person is motivated enough. But I dont have sympathy for those who aren’t motivated enough to bust their asses to move up the ladder.
You think people aren’t trying? You think their problem is a lack of motivation? They’re doing a job we’ve deemed important enough to have and you have no idea what they’re going through or how much it demands of them yet you think they deserve shit pay because you don’t respect them. The only reason you treat your kid any differently is because you know them personally but you can’t extend that to a stranger because you’re broken. I can’t fix you and I don’t know what can, but I guess empathy just doesn’t come stock in everyone.
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You think people aren’t trying? You think their problem is a lack of motivation? They’re doing a job we’ve deemed important enough to have and you have no idea what they’re going through or how much it demands of them yet you think they deserve shit pay because you don’t respect them. The only reason you treat your kid any differently is because you know them personally but you can’t extend that to a stranger because you’re broken. I can’t fix you and I don’t know what can, but I guess empathy just doesn’t come stock in everyone.
You dont know anything about me. I founded an outreach charity for street kids at risk thats been running for 30 years. We have helped hundreds of kids out of addiction, out of entrapment in sex work, out of poverty and into healthy lifestyles primarily through friendship. Stop projecting your own issues onto others.
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You dont know anything about me. I founded an outreach charity for street kids at risk thats been running for 30 years. We have helped hundreds of kids out of addiction, out of entrapment in sex work, out of poverty and into healthy lifestyles primarily through friendship. Stop projecting your own issues onto others.
In that case then I’m fucking shocked that you’re acting like this. It is incredible to me that you can have this stance while supposedly being an otherwise active and compassionate member of the community.
Take that energy and direct into not being a huge fucking asshole to underpaid retail workers. You act all pretentious when I don’t know you while assuming that you know everything about these “unmotivated” people who are just trying to pay rent. I may not know you but I am absolutely correct that, at the moment at least, you’re being a real shithead.
Do better.
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Many middle class Canadian pay 25% or more just in income tax. Then you have to add sales taxes, property taxes, and the rest.
I would say he is about right.
The top income tax bracket is over 50%. If you are very high income, you can pay well over 30% just in income tax (overall).
For anybody that does not understand progressive income tax brackets, a top rate of 50% does not mean you pay 50% on all income. You pay nothing to a certain point, pay a lower percentage up to a certain level, and then it goes up on what you make beyond that level. On the 30,000th dollar you make, you might pay 25 cents tax. On the 200,000th dollar, you might pay 53 cents. On your first dollar, you pay nothing.
So, I’ve done the math. Let’s take someone with twice the avg canadian salary.
They’re making $130k/year.
They pay about 29% tax. $38116/year.
Let’s say they own property in a HCOL area. Maybe $3k/year property tax.
That leaves them with $88k left.
Assuming worst case scenario - they don’t pay mortgage or rent or anything and spend every penny. So they’re paying about $13332 in sales tax.
That leaves 75550 that they’ve spent before tax. Which is about 42% of their income going to tax paid, in total.
Again. That’s worst case scenario. In reality, they’re paying a mortgage and/or contributing to an RRSP or even paying rent. All of which would substantially reduce that percentage.The idea that Canadians (on average) are paying 50% tax is just right wing propaganda bullshit designed to scare you in to cutting social programs in hope of getting a little trickle down action. Don’t fall for it.
For me, I’m paying about 35% tax, in total. Including sales tax, income tax, and property tax. And I think I’m far closer to the “normal” percentage most middle class Canadians pay.