Archive for the ‘Governance’ Category

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Would a wealth tax be effective?

Monday, September 6th, 2021

There is no more efficient way to reduce inequality and boost the economy than through funding public programs that people need. All within reach are things like affordable child care, ensuring high-quality and compassionate care for our seniors, funding a just transition to the zero carbon economy, or building enough affordable housing units to meet the need… A wealth tax will help us get there by making the tax system more progressive — and that will make it more fair. – vs – Canada already has a highly progressive income tax system where upper income earners pay a disproportionately large share of taxes.

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Tax the Rich: Forging a future for the many, not the few

Thursday, July 22nd, 2021

The evidence for a wealth tax keeps increasing. As per PBO’s latest numbers, a one-time 3% tax on Canadians with net wealth over $10 million, and 5% tax on net wealth over $20 million could raise upto $82.5 billion over five years… By instituting wealth tax, a pandemic profits tax, and closing tax loopholes, Canada stands to gain over $50 billion dollars in revenue every year for #ClimateAction, expanding healthcare, bolstering social security systems, providing clean drinking water in Indigenous communities and improving infrastructure.

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Appointment of new Governor General demonstrates the difference between symbols and tokenism

Wednesday, July 14th, 2021

The fact that we now have an Indigenous woman in the highest position in Canada, which before this week was inconceivable, suggests that Canadian society may be ready for change… We will no longer be window dressing, invited to functions as decorations to set the stage for the authority in the room. An Indigenous person will now be the authority in the room, representing Canada and all that we stand for to the never-ending stream of dignitaries and leaders.

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A global minimum corporate tax is an important step toward fairness

Monday, June 7th, 2021

The whole idea of a minimum global tax is to prevent multinationals from tax-shopping, so it will be effective only to the extent that many countries agree to it. The next step is to get the bigger G20 group on board, and then there’s the Organization for Economic Development and Cooperation… the biggest companies that have flourished during the pandemic, should pay their share.

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Broadcast Act changes are not about freedom of speech

Wednesday, May 12th, 2021

Free speech is not the same as freedom to broadcast or freedom from accountability. Advocates for an absolutist definition of free speech that includes the freedom to exploit modern technology without consequence ignore the deleterious effects of this world view on broader society… It could be used for the benefit of humanity, but not without some dramatic changes to current terms of acceptable use. Unrestricted access to the most powerful broadcasting platform in history is nobody’s right.

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Trudeau government throws travel ban back into Ford’s lap as Ottawa-Ontario pandemic split widens

Tuesday, May 11th, 2021

… if Ford wants to lock down his province at the borders, he has to shoulder his own responsibility for those measures.“… Doug Ford asked me to restrict international students. There’s been about 30,000 international students come into Ontario over the past months because they were approved by the Ontario government,” Trudeau said.

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Free speech is not at risk by supporting changes to the Broadcasting Act

Tuesday, May 11th, 2021

… the outcry over Bill C-10 is being sustained by people whose ultimate goal is to kill the entire idea of Canadian cultural policy in the internet age. Yet, these self-styled martyrs for democracy are pushing fringe views that run counter to the values and preferences of the overwhelming majority of Canadians, who support sensible updates to Canada’s main media law… Conservative voters are among the most likely to believe that Facebook weakens Canadian democracy…

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Budget 2021 Misses the Opportunity to #TaxtheRich

Thursday, May 6th, 2021

By implementing tax reforms like creating a wealth tax, implementing an excess pandemic profits tax, and closing tax loopholes, Canada can raise the revenue it needs to fund its post-pandemic recovery. We don’t have to choose between childcare and pharmacare; or making substantial investment in eldercare to implement new national standards the government has committed to establishing for Long-term care… by missing the opportunity to tax the rich, the government quite literally failed to cash in on what the people want.

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Trudeau should join Biden in rejecting suffocating ‘trickle-down’ economics

Thursday, May 6th, 2021

Trudeau has shown some spine against the deficit hawks, but he has been timid about joining Biden’s campaign to tax the wealthy… Too bad. We could sure use the money to pay for needed programs. Besides, when nations co-operate, corporations have a hard time playing us off against each other in pushing for ever-lower taxes… if other countries follow the U.S. in policing their corporations this way “it’s the end of tax havens.”

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Spending big money is responsible – when it protects our human rights

Friday, April 30th, 2021

In extraordinary times such as these, it is important to put the dignity of people first, even if the government has to shoulder the fiscal burden on our behalf… our primary concern should not be about how much will be spent, but rather about how that spending will support a dignified life for each person and community it serves. Not, how much does it cost? But rather, what will we get for it?… It is the government’s duty to spend – and spend big – to support our economic and social rights.

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