LETTER
The simplification axe
Mr. Ryan’s Universal Basic Income (UBI) suggestion has merit, but as a replacement for the current social safety-net. He states, “that a basic supplement would not cost more than the present constellation of welfare and benefit packages. Most of these programs will be rolled into the supplement, actually decreasing administration costs”(Editorial, April 22, 2020). I presume that means the UBI would eliminate duplicate programs and those that have outlived the purpose for which they were originally intended.
The same cash amount for every citizen, adult and child, no strings attached, is compellingly simple and respectful. It recognizes individuals as those best able to promote their own interests. Also, it should end the special-interest pleading that favours the politically well-connected over the genuinely needy. UBI could even be extended to treat citizens as able to handle their own health insurance, unemployment insurance and education expenses, much as they look after their car insurance, home insurance, grocery purchases and clothing needs.
While we’re on an efficiency trip, why not take the simplification axe to income taxes. We could agree on what the UBI payout-per-person would be, make it income-tax exempt and impose a flat tax of X% on all income over that amount. We would then determine what constitutes taxable income, end all deductions, and clean out all loopholes.
Ronald Lefebvre
Aylmer