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Poverty In Canada Essay

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Basic Income Poverty can be thought of in many different ways. Poverty has been attributed to bad luck. Poverty has been attributed to lack of education or skills. Sometimes poverty has been attributable to racism, social class, immigration status, or ethnic or cultural challenges. But increasingly poverty can come about because of the lack of jobs. The global nature of business has led many companies to seek cheaper labor in other countries. They simply move the factory. All the jobs that were once there are gone. It’s not the workers fault. But this can lead to eventual poverty. What can be done?
Two major provinces in Canada are considering an approach to assuaging poverty that some consider to be radical. Ontario and Quebec …show more content…
“It would require a significant redistribution of wealth financed principally by a truly progressive income tax, (meaning the wealthier you are the more one pays) , higher corporate taxes, and a fiscal system that prohibits the tax avoidance afforded by domestic tax shelters and offshore tax havens.”(“The Tide”). Many skeptics say that the amount of money needed to achieve even the beginnings of the program would be very hard to come up with (Levy, “Friendly”). Not to mention the fact that the program would increase the cost of business in the low wage service sector. This is because if workers no longer have to take a low paying jobs to financially survive, ( because they receive BI) low wage businesses will need to raise wages to attract workers. This would substantially increase the cost of business for the fast food and retail industries. Additionally, many say that there is not enough political will to get the program on its feet. As in the United States many, if not most, politicians are supported by the wealthy. If the wealthy would be heavily taxed AND the means of avoiding taxation are reduced, then one can easily imagine that the wealthy would fight the implementation of BI tooth and nail. Thus in Canada the fear is that there is not enough “social power” to extract said revenues (“Friendly”). Those who oppose Basic Income say it is just going to be too

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