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$24,000 tax free per year or Work? | Canada UBI

With the current thought of a $2,000 per month tax free guaranteed minimum income, I take a look at the numbers to see if it’s worth the incentive to actually go to work. Let me know what you guys think!!
In Ontario, you’d need to earn about 28,800 gross income to have a take home pay of 24,000 per year which is what the UBI would be.

Would you rather work a lower paying job or collect UBI?

Check out my other videos on Universal Basic Income to keep up to date on the bill C-273 on the UBI bill proposal

https://youtu.be/Lk5hteZWNSk - How will Canada pay for UBI?

Turbo Tax Tutorial https://youtu.be/9cC7yJ5IcHw

Follow Nicks Taxes on Youtube, Instagram, Facebook and Twitter @Nickstaxes

Get your disability tax credit by clicking on my link! https://refund.grantsinternational.com/nickstaxes/

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Save your benefit $$ in a Canadian High Interest Savings Account (EQ Bank):
https://api.fintelconnect.com/t/l/5f4d3423d72493001ba0f8f7

For entertainment purposes only

Видео $24,000 tax free per year or Work? | Canada UBI канала Nick’s Taxes
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21 апреля 2021 г. 20:45:00
00:11:37
Яндекс.Метрика