saw this about changing social program to guaranteed income of 20,000 per adult in canada as a method to eliminate poverty.
of course the tax burden seems outrageous, but then I thought, "what if this would replace Unemployment insurance, Education loans, and Social Welfare programs?" How much does that infrastructure to support just those two elements cost us, and if they could be eliminated, would the tax savings potentially pay for a large portion of the guaranteed income process and make Government smaller? There would be a ton of folks no longer working for the govt, instead out there in the workforce creating wealth for themselves.
Oversimplified, but that's my issue with it.