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A Canadian report suggests a universal basic income could cut poverty by 40%, at a cost of up to $107 billion.
The Parliamentary Budget Officer in Canada reports that a universal basic income (UBI) program could reduce the national poverty rate by up to 40%.
Low-income families could gain an average of $6,100 annually, but higher earners might see income decreases due to tax changes.
Implementing a UBI is estimated to cost between $92 billion and $107 billion by 2025.
The report highlights that lower-earning Canadians' wages are not keeping up with rising living costs.
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Un informe canadiense sugiere que un ingreso básico universal podría reducir la pobreza en un 40%, a un costo de hasta 107 mil millones de dólares.