...will be a need for a universal basic income for people in the United States. We can ensure that our workers will have an income, and get rid of poverty. Now, who does not want to be a part of that? Our country will have to think about its future more seriously. Imagine this – a large portion of our service jobs will be replaced due to automation or robots. Think about cashiers, fast food workers, and those in the transportation business. Without a doubt, robots have begun to gain more intelligence and technology overall has grown very efficient. Look at Siri or Cortana, the...
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...TITLE: THE IMPACT OF NEGATIVE INCOME TAX OR GUARANTEED ANNUAL INCOME, WITH A FOCUS ON NAMIBIA Introduction Negative income tax (NIT) is a tax refund to anyone whose income falls below the cut off line and the NIT brings it back above the line, it is also know as the Basic Guaranteed Income. BIG is a form of income distribution in the society. According to Gary Becker “any state intervention, any income redistribution, creates disincentives and distortions, but if society decides that a certain level of redistribution must take place, the NIT is the best, the most minimally distorting, solution ever devised." The three countries that are adapted to NIT or basic guaranteed annual income (BIG) mentioned in this paper are Canada, The United States of America and Namibia. Many different sources of funding have been suggested for this form of redistribution and these are: incomes taxes, sales taxes, luxury taxes, wealth taxes, inheritance taxes, capital gains taxes, pollution taxes, tariffs, sin taxes, universal stock ownership, fees from government created monopolies and a national mutual fund. Most citizens of a country do not want money to be deducted from them through taxes. The unhappy citizens will end up moving provinces or countries if the money being deducted from, for examples incomes according to Tibeout. According to the Altruism theory, people might feel the need to help others because they are uncertain about future ...
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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...
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...AMSPAR Diploma In Primary Care Management Unit 602 Financial Management And Budgeting In a Primary Care And Health Environment By Graham Morrison Task 1 1a. Evaluate the information and processes required to be able to set a budget, which supports the organisation's business goals. Discuss how you would use them to prepare, formulate and monitor a budget. The objectives of budget preparation are shown in the table below. Objective | Comment | Planning | Compelling managers to plan is probably the most important feature of a budgetary planning and control system. Planning forces management to look ahead, to set out detailed plans for achieving targets for each department and operation and ideally each manager and to anticipate problems. It thus prevents management relying on ad-hoc or uncoordinated planning which may be detrimental to the performance of the organisation. It also helps managers to foresee potential threats or opportunities, so that they make take action now to avoid or minimise the effects or threats and to take full advantage of the opportunities. | Responsibility | Objectives are set for the organisation as a whole, and for individual departments and operations within the organisation. Quantified expressions of these objectives are then drawn up as targets to be achieved within the timescale of the budget plan. Budgetary planning and...
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...addressing the needs of the poor. Some argued a universal approach to income maintenance would secure an income for poor families with children. Many argued, especially social activist, that income maintenance assistance should be temporary for those experiencing financial hardship. This is probably why the government chose a residual approach to income maintenance rather than a universal approach. The purpose for residual approach income maintenance is to provide a minimum level of income to families and individuals. Recipients must demonstrate an economic need according to the (means test), with eligibility based on income and assets (p.116). Examples of residual income are Temporary Assistance to Needy Families (TANF), Supplemental Security Income (SSI), food stamps, Medicaid, earned income tax credit (EITC) and (Section 8) housing aid. Each program includes an incentive or clause that promotes able bodies to increase their income by earing wages to supplement their assistance. In conclusion, according to Antipoverty Strategy, when hourly wages are high, the number of people in poverty tends to decline. (p.163) The purpose of universal income maintenance is to offer minimum income for poor families with children. Universal approach supporter, President Nixon, proposed a replacement for the old welfare aid programs with a single program called, “Aid to Families with Dependent Children.” This plan would grant income to families with children, but with strict stipulation...
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...vacation. The program is conducted every year. SPES beneficiaries are assigned to the different departments of the City Government of Tubod. Work duration is minimum of 20 days but not more than 52 days. Beneficiaries are entitled of minimum wage in which, 60% is paid by the city government and 40% by the Department of Labor and Employment (DOLE). SPES Criteria: 1. 18 to 25 years old 2. A resident of Tubod Lanao del norte 3. Enrolled during the present school year/semester immediately preceding the summer vacation or a drop-out who intends to enroll again. 4. Parents net income after tax does not exceed P 60,000.00 per annum 5. Has No failing grades REQUIREMENTS: 1. Barangay Certification as to residency 2. SPES Registration form (PESO) 3. Birth Certificate 4. Rating Cards/School certification with grades duly signed by the School Registrar 5. Income Tax Return/BIR cert./ previous SPES 6. Four (4) pieces 2×2 ID picture with nametag 7. LBP ATM Savings Account Number (clear copy of deposit slip or ATM Card) DOLE has long been implementing SPES with the aim of assisting deserving poor students to pursue their education by providing them temporary employment. Under the program, the student beneficiaries can work during summer or Christmas breaks while those who are taking up vocational courses can avail of the program anytime of the year. However, there were reports that there were delays in the payment of the students’...
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...SEVA FOOD BANK: INTAKE FORM Preamble Sikhs Serving Canada (SSC), operating as Seva Food Bank, will be collecting your information to determine your eligibility into the program. All information collected will be kept on your client files. SSC is committed to respecting the personal privacy of our service users and safeguarding your information. SSC employs reasonable administrative and technical measures to ensure the security of personal information. DEMOGRAPHICS ____________________________________ ____________________________________ Last Name First Name ___________/___________/___________ Date of Birth (dd/mm/yy) Gender: Male Female Transgender Marital Status: Single Common-law Separated Married Divorced Widowed _______________________________________________________|__________________ Street Address Postal Code Housing Status: Band Owned Own Home With Family/Friends Emergency Shelter Private Rental Youth Home The Street Social Housing (subsidized/co-op/non-profit) __________________________________ ( )________________________ E-mail Phone Languages Spoken At Home (please circle all that apply) English French Urdu Polish Punjabi Arabic Chinese Spanish Mandarin Cantonese Tagalog Portuguese Gujarati Tamil Hindi Vietnamese Italian Ukrainian German Russian Malayalam Hungarian Other: ____________________________ Ethnicity: Visible Minority Metis N/A First Nations...
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...Welfare is also known as a social and income assistance from that is a safety net that provides funds for Canadians that are unable to receive income. In Canada, the welfare system is a multi billion dollar government system that transfers money and services to Canadians that deal with many needs such as poverty, homelessness, unemployment, immigration, aging, illness, workplace injury, disability, and the needs of children, women, gay, lesbian, and transgendered people. The major welfare system programs include Social Assistance, the Canada Child Tax Benefit, Old Age Security and the Guaranteed Income Supplement, Employment Insurance, the Canada and Quebec Pension Plan, Workers’ Compensation, public education, medicare, social housing and social services. Programs are funded and delivered by the federal, provincial and municipal governments. While most applicants should view the program as a temporary bridge to uplift themselves through their lives, and for some applicants it may be a long term requirement that may be needed throughout their lives. When applying for these resources its important when putting information such as income and assets in a truthfully way such as marriage states or legal name upfront. Following the approach of their provincial or territorial counterpart, Indian and Northern Affairs Canada (INAC) has adopted similar terms and conditions of social assistance programs. Funding for social assistance activities is provided by INAC to First Nations communities...
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...Income Guarantee Schemes Amir Hasanat ECON 3505 - Critique of Capitalism Abstract Canada and the United States grapple with situations that necessitate income guarantee schemes but have not implemented the schemes. Income guarantee schemes are social welfare provisions in which governments offer incomes to the citizens to enable them meet their needs as long as they meet established conditions. The origin of this scheme lies in the understanding that every citizen has a right to wealth and property of the state. It is also based on the reality that not all citizens are capable of earning income or sustaining themselves. Income guarantee schemes are based on social welfare models, which conceptualize that it is the role of the government to cater for the needs of the citizenry. Therefore, income guarantee schemes undermine the ideals of capitalism that call for individual efforts for purposes of meeting needs. Income guarantee schemes have a long history of evolution, implementation, and success. Introduction The United States has a number of anti-poverty programs that guarantee economic support to the vulnerable in society (Economist, 2013, p. 1). Income guarantee schemes can be of great relief to a number of poverty stricken people in the country. In Canada, a four-year experiment with income generation schemes was successful but due to economic period of the time, the schemes were discontinued (Belik, 2011, p. 1). Though they intend to end poverty...
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...Background of Author: Martin Ford is the founder of a Silicon Valley-based software development firm and has more than 25 years of experience in computer design and software development. He holds a computer engineering degree from the University of Michigan, Ann Arbor and a graduate business degree from the University of California, Los Angeles. He is highly regarded in his field and has written for publications including The New York Times, Fortune, Forbes, The Atlantic, The Washington Post, Project Syndicate, The Huffington Post and The Fiscal Times. Ford is the author of the two books, his most recent Rise of the Robots: Technology and the Threat of a Jobless Future (2015) and in earlier years The Lights In the Tunnel: Automation, Accelerating Technology and the Economy of the Future (2009). These two books are about dealing with the effects of automation, robots, algorithms and the effects they have on mass-unemployment. Ford is quite unique and in some ways brave in the fact that he was the first 21st century author to publish a book (The Lights in the Tunnel) making a very strong argument that advances in robotics and artificial intelligence would eventually take over a large percentage of the human workforce and in turn make us obsolete. In this wise and wide-ranging book, he surveys the impact robots and smart technology is having upon the economy, work, leisure, education, health care, and the acceleration of inequality and unemployment. Introduction: ...
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...society, most popularly with such changes as brought about by something like Franklin Roosevelt's New Deal and other such social programs, they have never been approached with any serious eye toward true equal footing. The idea of universal basic income, by which all the citizens of a given state would receive a given income, regardless of any other status, is an ideal that may lend hope to all of that changing. By using this structure as the cornerstone of the social welfare of an entire population and accordingly arranging or rearranging other elements of governmental and economic behavior while still retaining the general structure of a free market, it is possible to create a melding of the ideas from the cores of both belief systems, to give greater security and wellbeing to all. How to Institute Universal Income In order to understand what is necessary to create such a system, let us first begin by examining what the income itself would be, its specific advantages, and where one might find the funds for such a thing. For this, it's necessary to understand the idea of the poverty line first. The poverty line is the level of income below which a person is considered to be impoverished, the amount considered necessary to live a life that has all the basics. The US government releases the information on the poverty line in the US. It gives this information not only for an individual, but also based upon households that have multiple people in it. The poverty line at the current...
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...https://www.youtube.com/watch?v=kl39KHS07Xc Dr. Martin Luther King was one of first to support a universal basic income because he believed it could eliminate poverty as a whole. Dr. King wanted to deal with poverty at the root by providing everyone with a certain amount of money to put them above poverty instead of attempting to fix each issue the poor face, such as education, health, and housing. In the video, they discuss the benefits of having a guaranteed income and how it can end poverty as Dr. King believed it would. They show studies of how we might spend the money and if it would go to waste on drugs and alcohol, and it was confirmed that it would not. Most people granted the money instead went on to improve their lives by going back to school or take time off to find a better job....
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...THE LIVING WAGE AND ITS EFFECT ON THE ECONOMY INTRODUCTION The topic of our study investigates the living wage and its effect on the economy. A survey will be distributed asking questions about wages, cost of living, and making ends meet. Our conclusions and recommendations on the topic of living wages will result from this survey. BACKGROUND The definition of living wage is “a term used to describe the minimum hourly wage necessary for a person to achieve some specific standard of living. This means a person working forty hours a week, ”should be able to afford housing, food, utilities, transportation, health care and recreation” at a basic level. (Wikipedia.org). Currently, a living wage is set by local municipalities based on a local cost of living assessment, and applies only to government employees and/or contractors. This is different from minimum wage, which is set by law through the Federal government. The federal minimum wage is the minimum amount that a worker can be paid an hour and this law applies to nearly all workers. In Michigan, the minimum wage is currently $7.40 an hour. Minimum wage does not always meet the requirements of a living wage. (Wikipedia.org). For example, in 2008, East Pointe, MI paid its employees a living wage of $10.40/hr , while Detroit, MI paid its employees and contractors $8.25/hr, both with health benefits in comparison to $7.40/hr Federal minimum wage.(laborstudies.wayne.edu/ According to the Economic Policy Institute...
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...Essay: The Health Care, Universal Insurance and International Comparison of Health Care Syetem Introduction In recent years, the availability and affordability of health insurance in United States has becomes the subject of much debate. About one in seven American has no health insurance at all, and for many people who are insured, the cost of coverage is a financial hardship. This situation has led some people to call for the government to provide health insurance for all citizens like other developed countries e.g. Canada, United Kingdom, Japan, Germany etc. Under this type of system, the state government or the federal government would provide insurance coverage, fixed by taxes for everyone. Those who support government-run health care believe that it has many benefits, including universal coverage, lower costs, and greater efficiency. Opponents contend that such a system would require budgets controls, forcing the government to decide whether and when person can receive certain health service. They believe universal health care would lead to lower quality care, long delay, greater government bureaucracy, and greater tax increase. However, whether universal insurance or not, the current health care system needed a reform and I believe Most American will prefer Universal health insurance to any other health care system because it guarantee coverage for everybody. Thesis: the rising cost of health care is a very critical issue in public debate nowadays. The situation...
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...much to be eligible for Medicaid, the state's healthcare provider. The United States healthcare system should be just as good as or better than any other country because of the money we invest. Every industrialized nation has some kind of basic healthcare system for all of their citizens (McIntosh, Michael 2002). In a country like ours, it is a shame that we do not provide something that should be a basic human right to every citizen. The quality and amount of healthcare should not be a privilege to some while making others go without it. The amount of money you have or do not have should not dictate how you are treated when going to the doctor or hospital. The lack of healthcare in our country is one of the greatest social injustices of our society. Whether everyone has an ethically justifiable right to healthcare is debated in the United States, yet Medicare legislation confers a legal right to healthcare on the country’s elderly people. (Kilner, John F. 2004). The United States has one of the worst health care systems in the world and as far as industrialized countries we are the only country without a universal health Health p. 3 care system. The country of France funds its health care system by using taxes from income,...
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