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.
Recent Comments
This is really interesting, You’re a very skilled blogger. I have joined your feed and look forward to seeking more of your fantastic post. Also, I have shared your website in my social networks!
Only a smiling visitor here to share the love (:, btw outstanding style and design .
I really believe you will do well in the future I appreciate everything you have added to my knowledge base.
Great post. I was checking constantly this blog and I’m impressed! Very useful info specifically the last part 🙂 I care for such info much. I was looking for this certain information for a very long time. Thank you and good luck.
I am glad to talk with you and you give me great help
You appear to know so much about this, and I see you’re a published author. Thanks
This is definitely a wonderful webpage, thanks a lot..
I have to say this post was certainly informative and contains useful content for enthusiastic visitors. I will definitely bookmark this website for future reference and further viewing. cheers a bunch for sharing this with us!
This is my first time i visit here. I found so many helpful stuff in your website especially its discussion. From the tons of responses on your posts, I guess I am not the only one having all the enjoyment here! keep up the excellent work
it is a really nice point of view. I usually meet people who rather say what they suppose others want to hear. Good and well written! I will come back to your site for sure!
What made you first develop an interest in this topic?
OK, you outline what is a big issue. But, can’t we develop more answers in the private sector?
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!
Awesome post. It’s so good to see someone taking the time to share this information
Can I just say what a relief to seek out someone who actually knows what theyre speaking about on the internet. You positively know find out how to bring a problem to mild and make it important. Extra individuals have to read this and perceive this side of the story. I cant believe youre not more in style because you positively have the gift.