The new idea is as follows.
First, every family / household would get a payment from the Federal Government. This should be set at $700 but the Federal Government can change that to a number they feel works better.
Second, every adult would get a payment from the Provincial government. This should be $700 but the Provincial Government can change that to a number they feel works better; this is likely to be done as each province has different costs of living.
Half of the Federal amount would be a "unit" and half of the provincial amount would be a "unit". In these examples, both are $350, but, again, these are just example amounts.
Each child, up to 3, would get one extra provincial unit.
The first child would get 2 extra federal units. The second and third children would each earn 1 extra federal unit.
Remember; the $700 is just an example unit. The actual number can be changed.
Using this as an example:
EXAMPLES:(NOTE: all these examples presume people who are not getting ANY other income)
An individual single person would get $1400. This is $700 from the Federal government, $700 from the Provincial government.
A couple would get $2100. $1400 from the Province and $700 from the Federal government.
A couple with one child would get $3150, $1750 from the Province and $1400 from the Federal government.
A couple with two children would get $3850, $2100 from the Province and $1750 from the Federal government.
A couple with three children would get $4550, $2450 from the Province and $2100 from the Federal government.
A couple with four or more children would get $4900, $2450 from the Province and $2450 from the Federal government.
FTR, and for comparison; a couple with four children on ODSP, would get $2000 from the Federal Government, and $2377 from the Province, for a total of $4377, so this is an increase but not a massive one.
I like this a lot (I am also disabled and am trying to support myself and 3 kids on disability) but how do you answer the argument that this is inflationary. For example, for most people in service industry jobs, they would be as well or almost as well off staying at home then working. That causes the businesses to pay more which in turn means higher prices. The Basic Income is then no longer enough, so it has to be raised and the cycle keeps repeating.ReplyDelete