HESA 6361 Lecture Notes - Lecture 8: Negative Income Tax, Sharing Economy, Class Action
Document Summary
Didn"t do a basic income in ontario. Negative tax credit, unconditional tax credit geared towards poorer individuals. 17. 5% of population in nova scotia is in poverty. Economic - costs canadian economy b/year. Social cancer higher rates of poverty gets near every area of society and tears it apart. Less than 1. 3 co-e cient to have no impacts of income inequality. Between 1975 and 2015, increased inequality (whether you look at it before or after tax) Poorer idea of how much we are actually earning. You could have a middle-class life on one income. Very few people working there, very high pro ts. 50% of them in standard employment relationship. Sharing economy is not sharing at all. (share with me, but pay me for your share) Allows big business to monetize your stu . They had this worry in the 1960s. Less progress on working age poverty (16%)