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Progressive taxes will get us out of recession
Thursday, December 15th, 2011
Dec 14 2011
Since the private sector is unwilling to invest now in job-creating activity, surely it is up to the government to do so… Surely then is the time to raise the taxes on the upper income levels and on corporations to obtain the capital for the needed investment. The country cries out for investment in infrastructure: roads, bridges, public transit, high-speed railways, aboriginal problems. Our medical services are strapped, and working women lack affordable child care, etc. As Keynes taught us, times of recession require the stimulation of effective demand for goods and services, to create jobs.
Tags: economy, ideology, standard of living, tax
Posted in Policy Context | No Comments »
Simple solution to inequality problem
Sunday, January 9th, 2011
Jan 09 2011
… the remedy is simple, yet politically unlikely. It is selective tax increases, especially via the income tax. Just after the war we had very progressive taxes on high incomes. These are now gone and high incomes are relieved of those high levies… We have the wealth to provide a Scandinavian level of services if we would only bite the bullet and let the government do its job. We would all, rich and poor alike, be better off with less crime and disorder, better health and less poverty-induced misery and destitution.
Tags: ideology, standard of living, tax
Posted in Equality Debates | No Comments »