Is Finland’s basic universal income a solution to automation, fewer jobs and lower wages?

slide3blog:

slide3blog:

Ontario is also doing a three-year experiment with basic income. @allthecanadianpolitics 

Following a tax credit model, the Ontario Basic Income Pilot will ensure that participants receive up to:

  • $16,989 per year for a single person, less 50% of any earned income
  • $24,027 per year for a couple, less 50% of any earned income

People with a disability will also receive up to $500 per month on top.

Participants can go to school to further their education or begin/continue to work while receiving the basic income. The basic income amount will decrease by $0.50 for every dollar an individual earns through work.

This is the webpage for the pilot program currently being carried out in three areas in Ontario:

https://www.ontario.ca/page/ontario-basic-income-pilot

It’s about time that countries stopped essentially penalizing getting a job. No one should be afraid of losing their main support because they can work a little.

Is Finland’s basic universal income a solution to automation, fewer jobs and lower wages?

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