The Canadian Sayout newsletter has printed an article about Basic Income:

… At present government is paying out vast sums of money. In effect, we have a new and large-scale experiment by government in directly providing people with incomes. This gives us some indication
of how a guaranteed income plan could work. Such a plan would be universal. And, as is now being demonstrated, it actually can be done.

A guaranteed, universal, and livable income programme would be transformative for our society. It would directly address income inequality. It would diminish and possibly eliminate poverty once and for all. …

The author, Robyn Peterson, has clarified his use of terms in the article:

a proper BI should be unconditional with the same amount being paid to every citizen or legal resident. This would avoid the somewhat cumbersome issue of establishing who should benefit and by how much, with a progressive income tax system evening things out.

About Malcolm Torry

Malcolm Torry has written 70 articles.