Let’s Talk Poverty and basic income

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Presentation transcript:

Let’s Talk Poverty and basic income By Graeme Wilson and Flynn Santo Domingo G  F

POVERTy Poverty affects all 1 in 5 single mothers Expensive Canadian housing F (Habitat for Humanity Canada, 2011) https://www.youtube.com/watch?v=xq00YkNW0lk

AUTOMATION & THE CHANGING JOB MARKET Automation replacing human jobs Affects all industries Marketing Accounting Manufacturing Retail F

SOLUTION?: BASIC INCOME Improved standard of living Maintain a sense of dignity (Mclean, 2016) G

Social Welfare Programs Tax Restructuring Status Quo Alternatives (Stapleton, J., Tweddle, A., & Gibson, K., 2013) F

Back to Basic INCOME Basic Income: Implications a GUARANTEED living wage for all Implications Will improve individual’s standard of living Financial stability improves an individual’s mental, physical, and financial health (McIntyre, Kwok, Emery, & Dutton, 2016) Lower money-related crime rates (Painter, 2016) G

Possible abuse of the program Source of funding Limitations G

Responsibility of Government to its people COMMON GROUND Value of hard work Human life is valuable Standard of Living Human dignity Responsibility of Government to its people F

MODIFIED SOLUTION: Discretionary Basic Income Only permanent residents and citizens Under a certain level of income If an eligible individual makes less than $25,000, they will receive the difference non- taxable to bring their income to that level F

Implications Stimulates economy Improved individual quality of life Can get rid ineffective social welfare programs Taxes of those earning above minimum may be increased G

Fin G

SOURCES Habitat for Humanity. (2011) Food or shelter. [Video file]. Retrieved from https://www.youtube.com/watch?v=xq00YkNW0lk McIntyre, L., Kwok, C., Emery, J. C. H., & Dutton, D. J. (2016). Impact of a guaranteed annual income program on Canadian seniors??? physical, mental and functional health. Canadian Journal of Public Health, 107(2), e176–e182. https://doi.org/10.17269/CJPH.107.5372 Mclean, C. (2016). …and justice for all? Juncture, 22(4), 284–288. Painter, A. (2016). Pragmatism, idealism and basic income: A transformative investment in human potential. Juncture, 22(4), 289–292. https://doi.org/10.1111/j.2050- 5876.2016.00876.x Stapleton, J., Tweddle, A., & Gibson, K. (2013, February). What is happening to disability income systems in canada? Retrieved April 04, 2017, from http://www.ccdonline.ca/en/socialpolicy/poverty-citizenship/income-security- reform/disability-income-systems