For every dollar a participant earns through employment they lose 50 cents from their basic income payment. This means the basic income proposal would only apply to individuals earning less than 34,000 CAD ($24,380) a year, or couples earning less than 48,000 CAD ($34,420).

This is not UBI.

UNIVERSAL basic income is UNIVERSAL: It doesn't matter how much you earn.

Oh, you pulled in a billion dollars last year? Here's your check for $12,000. To save us postage, we're including it in the same envelope as your $450,000,000 tax bill.

The universality of the system is the single most important component. We convey to our government(s) our political authority. They use our political authority to provide essential services, such as roads and courts and rule of law. They charge the taxpayer for those services. UBI is how they compensate us, the shareholders of our government(s) for the use of the political authority we grant them.

UBI is not a social program. It is not charity. It is the government finally paying out dividends to its citizen-shareholders.

Every study of UBI has been overwhelmingly positive also every study of UBI has ended without enacting UBI. They will continue to study it until they get the answer they want.

It's a crime to not have universal basic income at this point. People aren't only unable to afford basic living expenses, but they're losing jobs to automation and AI already. What are these people supposed to do? Go beg on the streets?

Tax the rich > fund the working class and social services > economic boom. We Know.

TL;DR - The document discusses the results of a universal basic income (UBI) trial in Canada, which was conducted in Southern Ontario between 2017 and 2019. The trial, which was cancelled prematurely, showed that participants experienced improvements in mental health, housing stability, and social relationships, as well as reduced visits to hospitals and doctors. The UBI payments, which were designed to reduce poverty and encourage work, were found to have a positive impact on participants' physical and mental well-being, with many reporting decreased use of alcohol and tobacco. The trial also dispelled concerns that UBI would lead to unemployment, with only 17% of participants leaving their jobs and nearly half of those who stopped working returning to school or university to up-skill. The report suggests that UBI could be a useful public health strategy and that the safety net provided by the UBI project helped participants find better jobs with higher wages and improved working conditions. [AI Summary]