Archive for the ‘Equality Debates’ Category
Pierre Poilievre’s vision for Canada: Heaven for the very rich and squat for everyone else
Friday, June 14th, 2024
… the real redistribution in recent years hasn’t been the small bit directed toward benefits for ordinary Canadians but rather the gush of money toward the wealthiest Canadians. In 2021, the richest .01 per cent saw their incomes grow on average by a stunning 30 per cent to $12.5 million a year, while the incomes of 14 million working Canadians actually declined, according to Statistics Canada.
Tags: budget, standard of living, tax
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Inside the Campaign to Kill a Step Toward Tax Fairness
Monday, June 10th, 2024
… interest groups don’t have to offer an alternative and can just snipe at proposals that they dislike. The capital gains change is expected to bring in more than $19 billion over the next five years. Anti-tax groups don’t need to explain where that money should come from, or what services should be cut if the tax is axed… But the process is a warning about the powerful forces that will battle any move to increase tax fairness, if it means the rich will pay more.
Tags: budget, ideology, tax
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Canada is bad at studying wealth inequality and we explain why that matters
Thursday, April 4th, 2024
Canada’s top 1 per cent owns 26 per cent of all wealth in Canada, and our top .01 per cent owns 12.4 per cent of all wealth. This is somewhat lower than the U.S. numbers, but it is much higher than official Statistics Canada numbers report… But looking only at income paints an incomplete picture because it ignores intergenerational wealth that has been inherited… wealth — or its absence — can be more important to the lives of individuals, as well as to broader social cohesion.
Tags: economy, ideology, participation, tax
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Swelling CEO salaries highlight income inequality
Monday, January 22nd, 2024
The average worker received an average wage increase of three per cent in 2022 while prices rose by more than twice that amount… The financial disconnect between CEOs and the employees who work for them underscores broader issues of income inequality and affordability. We need quality research and robust debate on how to address income inequality and stagnating wages for those not privileged to work in the c-suites.
Tags: economy, ideology, standard of living
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Canadian CEO pay breaks all records, reflecting a new Gilded Age for Canada’s rich: report
Wednesday, January 17th, 2024
In 2022, the average worker in Canada got an average pay raise of $1,800, or three per cent. But, prices went up by 6.8 per cent in 2022… This report proposes that governments address the rampant income inequality between the rich and the rest of us through four taxation measures that both disincentivize extreme CEO compensation and redistribute CEOs’ extreme income to Canadians on the lower end of the income spectrum.
Tags: economy, standard of living, tax
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Time to hit the rich with a wealth tax
Thursday, November 30th, 2023
… in their budget last March, the Liberals proclaimed they were “ensuring the wealthiest Canadians pay their fair share,” as they brought in income tax changes that will raise another $525 million a year from high-income earners. But these changes will have little impact on the wealthiest Canadians, who are largely able to avoid income taxes. To tax the truly wealthy – and only them — a wealth tax is far more effective… A wealth tax would apply exclusively to those with net assets of more than $10 million…
Tags: economy, ideology, tax
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Alternative Federal Budget 2024 – Building Momentum: A budget for now and the future
Monday, August 28th, 2023
The AFB will tax extreme wealth by introducing a progressive wealth tax… restore the corporate income tax rate… to 20 per cent… [and] implement a windfall profits tax… Canadians really can have nice things – if we make our tax system more progressive and make smart investments in public services, income supports, and social and physical infrastructure.
Tags: child care, featured, Health, housing, ideology, participation, poverty, standard of living, tax
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Black Canadians suffer racism in the justice system. Efforts are needed to address it.
Tuesday, June 27th, 2023
To be sure, the police aren’t alone in their disparate treatment of Black Canadians and other racial minorities. Police are, inevitably, singled out given their role on the front line of the justice system… racial bias is a systemic problem. And rectifying that will require not just apologies, but a concerted, thoroughgoing effort to eradicate the racism that threatens the very ideals animating and inspiring our system, and our society.
Tags: crime prevention, ideology, multiculturalism
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Women in politics: To run or not to run?
Monday, March 20th, 2023
Research on women in politics has identified multiple obstacles that hinder women’s representation, with three factors emerging as the most prominent explanations… that voters might have gender bias… that women may not be interested to run as candidates… [or that] parties tend to choose men over women… the underrepresentation of women in politics is not due to a shortage of qualified women candidates or voter bias against women candidates.
Tags: participation, women
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‘The rich and everybody else’: Financial inequality in Canada keeps growing
Thursday, January 26th, 2023
Fifty per cent of households are earning less than $16,000 to $17,000. That’s even after taxes and transfers and benefits. That gap between the 50 per cent of the population, roughly 8 million people or more, and that top 1 per cent of earners, a very small slice of the working population, is huge. And it’s growing bigger… Capitalism and democracy have always been in contestation. People want votes. People want rights. And they see that, usually, they can’t get them, because there’s a whole bunch of rich people who aren’t willing to do it.
Tags: economy, featured, globalization, ideology, standard of living, tax
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