this post was submitted on 29 May 2025
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Is there research you can provide to back that up?
Again, I'm all for it. But being devil's advocate here, I just want some evidence.
Simulations of Canadian UBI programs could lead to a 5-year cumulative increase of $46 billion in government revenue and $178 billion in GDP without initial debt funding, or as much as $109 billion in government revenue and $419 billion in GDP if the program is initially 50% funded by government debt (this debt funding would be reduced over time)
https://www.cancea.ca/index.php/2021/02/05/potential-economic-impacts-and-reach-of-basic-income-programs/
https://www.bbc.com/worklife/article/20200624-canadas-forgotten-universal-basic-income-experiment