The basic income guarantee (BIG)—sometimes called a basic minimum income, or negative income tax—is hardly a new idea, but it is currently in vogue. National governments in Switzerland and Finland, and the provincial administration in Quebec, are all considering proposals for a minimum income. Most recently, Canada’s federal government invited one of the country’s foremost experts on the subject to discuss it at a pre-budget hearing in Ottawa.





Comments


Written by lyceum
2970 days ago

An so-called income "guarantee" is not good for business. It will mess up the fundamental idea of supply and demand on the labor market.



Log in to comment or register here.
Subscribe

Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!