Four decades of tax cuts, deregulation and privatization equals a serious distribution of wealth problem
Posted on July 6, 2024 in Governance Debates
Source: TheStar.com — Authors: Paul Kahnert
TheStar.com – Opinion/Reader’s Letters
July 5, 2024. Paul Kahnert
Everywhere you look there is a crisis — homelessness, affordability, health care, education, building and infrastructure decay. Where is the leadership? A reader asks.
Can you blame people for leaving town? Voters have power to demand more, July 4
What happened to our once civil society? We now live in an Ontario no one recognizes. Everywhere you look there is a crisis — homelessness, affordability, health care, education, building and infrastructure decay.
How did things that were once so good get so bad.? The answer is right in front of us. Most of the public wealth was transferred to the wealthy. We have been fed a steady diet of tax cuts, deregulation, and the need for privatization to get the “innovation and private sector efficiencies” with promises like “all boats will be lifted by the rising economy.” As we have clearly seen, false promises. Not only has our civil society been severely damaged but so had trust in democracy.
In the last provincial election, only 17 per cent of the population voted for Premier Doug Ford. After slashing government funding to public services starving them into crisis just to pay for tax cuts to the wealthy and their corporations, they then present privatization as the solution to a problem they created. The only thing deregulation and privatization does is create more profit-making opportunities.
The gap between the haves and have-nots is huge and widening at an ever-increasing rate.
Small tax cuts to the general population have been used as a cover for massive tax cuts to the wealthy and their corporations.
Reversing tax cuts is not raising taxes, it is restoring revenue to rebuild our once civil society. Beware any politician promising tax cuts. We do not have a wealth creation problem. We do have a very serious distribution of wealth problem.
Where is the leadership? We have the power. Don’t leave, speak up and vote to stop this insanity.
Paul Kahnert, Markham
https://www.thestar.com/opinion/four-decades-of-tax-cuts-deregulation-and-privatization-equals-a-serious-distribution-of-wealth-problem/article_ba38c55e-3a13-11ef-b371-f3fb502d5d2e.html
Tags: budget, ideology, privatization, standard of living, tax
This entry was posted on Saturday, July 6th, 2024 at 3:00 pm and is filed under Governance Debates. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.
12 Responses to “Four decades of tax cuts, deregulation and privatization equals a serious distribution of wealth problem”
|
Recent Comments
I am glad to be a visitor of this thoroughgoing web blog ! , regards for this rare information! .
I’ll check back after you publish more articles.
It is perfect time to make some plans for the future and it is time to be happy. I’ve read this post and if I could I want to suggest you some interesting things or suggestions. Perhaps you can write next articles referring to this article. I wish to read more things about it!
Our local network of agencies has found your research so helpful.
The start of a fast-growing trend?
Hi there! I just wanted to ask if you ever have any trouble with hackers? My last blog (wordpress) was hacked and I ended up losing several weeks of hard work due to no back up. Do you have any solutions to protect against hackers?
I believe you have remarked on some very interesting points , thankyou for the post.
However, it is virtually all done with tongues rooted solidly in cheeks, and everyone has absolutely nothing but absolutely love for his or her friendly neighborhood scapegoat. The truth is, he is not just a pushover. He is basically that special variety of person strong enough to take all of that good natured ribbing for exactly what it is.
Great blog here! Additionally your website rather a lot up very fast! What host are you the usage of? Can I get your associate link for your host? I desire my website loaded up as fast as yours lol
I like the helpful information you provide in your articles. I’ll bookmark your blog and check again here frequently. I am quite certain I’ll learn many new stuff right here! Best of luck for the next!
I found your blog through google and I must say, this is probably one of the best well prepared articles I have come across in a long time. I have bookmarked your site for more posts.
Enjoyed studying this, very good stuff, thanks.