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The issue is distribution of tax burden
Sunday, February 13th, 2011
Feb 13 2011
… the actual percentage paid by corporations… appears to be considerably less than the published rates. In fact, thanks to a variety of perks like accelerated depreciation rates, hiring incentives, etc., some corporations even end up paying $0… I do not object to lower taxes on small businesses providing that they meet certain conditions, including wages and working conditions that are in-line with the overall norms in Canada: evidence of reinvestment in business improvement vs. the owners pocketing these funds or expensing personal items as business purchases.
Tags: economy, globalization, ideology, standard of living, tax
Posted in Debates | No Comments »
Rich get richer, poor get poorer
Saturday, January 22nd, 2011
Jan 22 2011
… Poverty and inequality are bad for the poor, and for the rest of us, too. Pretending they don’t exist, or attempting to downplay their devastating impact on the lives and health of people and communities, won’t make them go away. Most of the research, local and international, points to structural solutions. The OECD says cuts to income transfers (that reduce the amount of money available to seniors, the unemployed, the disabled, and the poor to pay for housing, food, medicine and other basics) have been a key driver of poverty and inequality in Canada.
Tags: economy, ideology, tax
Posted in Equality Debates | No Comments »