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Rising income inequality undermines Canadian success

Monday, July 25th, 2011

July 18, 2011
…the Conference Board of Canada, issued a report warning that too much inequality could actually sap economic growth, wasting some people’s skills and undermining social cohesion. …the big contributor to income inequality was at the top. It will be hard to rein in the corporate greedfest, but we might want to look to the countries that have figured out how to create high standards of living without such corrosively huge inequality. If Denmark, Sweden and Austria can be rich societies that remain much more fair, surely Canadians aren’t so dumb that we can’t learn from their successes.

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Posted in Equality Debates | No Comments »

‘Tax break’ conceals low benefit

Friday, April 1st, 2011

March 29, 2011
While it’s true that tax splitting will be a nice benefit for families with stay-at-home moms or dads, it won’t do much for families that have the greatest need for help with the cost of child-rearing. Most of these are left out because they’re either single-parent families or ones in which both parents find it necessary to work… So a family that’s working twice as hard to keep its head above water gets little or nothing.

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Posted in Child & Family Debates | No Comments »

Tax-cut debate almost laughable

Wednesday, February 9th, 2011

February 8, 2011
… corporate income taxes aren’t paid by corporations nor are they paid by fat-cat corporate executives. They’re simply passed on by corporations in the form of lower salaries for workers or higher prices for consumers. On the other hand, corporate income taxes have very little to do with employment… Corporations left with a bit more money in their pockets will spend on exactly the mix of equipment and labour that boosts their fortunes the most, boosting both competitiveness and wages, but doing very little to change employment over the long run…

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Posted in Debates | 1 Comment »

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