Seeds of Thought – Basic Income

This past weekend, I sat down to put some of my thoughts about basic income in to words, and to share my proposal for a basic income plan that might work in a country like Canada.

I made a video (embedded below) that discusses my idea in some detail, as well as going through some of the reasons I think it’s a good idea. The spreadsheet shown in the video can be found at this link* (cleaned up for ease of use compared to the one in the video): Basic Income Tax Plan.

*The only cell you can adjust in the sheet is the green one at the top to adjust the basic income tax rate.

I’d love to hear some thoughts or counter-arguments to the idea, or the concept of these brainstorming sessions in general. I really found it a useful way to crystallize what I was thinking on the topic, even though it may not make for the most exciting listening.