Posts Tagged ‘tax’
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NDP pharmacare plan sets a new standard
Monday, April 8th, 2019
… families now enjoying private drug insurance would save $550 a year on average under a universal public scheme. Employers that offer drug coverage to their workers would pay on average $600 less per employee. In short, Canadians would pay more in taxes for pharmaceuticals but less overall. The NDP is sketchy on the politics of its plan, particularly on how to get the provinces to agree.
Tags: economy, Health, ideology, jurisdiction, mental Health, pharmaceutical, standard of living, tax
Posted in Health Debates | No Comments »
Premiers who fight carbon tax ignore climate change at their peril
Friday, April 5th, 2019
Scientists and economists have been telling us for years that climate change is an issue for our health and our planet and an opportunity for our economy. Yet some Conservative politicians deny this… When farmers lose their crops like they did this summer, when your neighbours’ basements are flooded because of quicker snowmelts and more rain, when jobs start to leave because our economies haven’t kept up with the clean demand — will you have a plan then?
Tags: economy, globalization, ideology, standard of living, tax
Posted in Debates | No Comments »
Conservative lies about the carbon tax need to be called out
Thursday, April 4th, 2019
Perhaps the most prevalent deceit is the common conservative lament that the federal carbon tax is regressive and hurts the country’s poorest citizens most. Nothing is further from the truth. Canada’s Ecofiscal Commission estimates that 80 per cent of families will receive rebates greater than their carbon costs under the federal program… what’s really immoral is being a leader of a political party in this country with no plan to help fight climate change.
Tags: economy, featured, ideology, jurisdiction, standard of living, tax
Posted in Governance Debates | 2 Comments »
Remember when the Liberal carbon tax was a conservative idea?
Wednesday, April 3rd, 2019
They’re an economically logical, pro-market way of lowering greenhouse-gas emissions. A way of using prices – the basic mechanism of free markets – to reduce pollution. A way of putting billions of small environmental decisions in the hands of millions of people, rather than handing them over to a big government bureaucracy. And a way to tax something societies need less of, namely pollution, while lowering taxes on things we all want more of, like business investment and personal income.
Tags: economy, featured, ideology, jurisdiction, tax
Posted in Governance Debates | No Comments »
Why is Doug Ford so mean to children?
Friday, March 22nd, 2019
According to Thompson, larger class sizes will build “confidence and resiliency” in children who must learn to cope in “the world of work.” This despite solid research showing that kids build resiliency through positive and stable relationships. As a result, Twitter erupted with mocking posts using the hashtag #moreresilient. She’s only repeating the lessons being taught in caucus.
Tags: budget, ideology, rights, standard of living, tax, youth
Posted in Education Debates | No Comments »
Taxing the rich and finding the sweet spot in the tax debate
Sunday, March 17th, 2019
… soaking the top 1 per cent with higher income taxes does not lead to a massive change in government revenues because there simply are not that many of them… Rather than getting caught up in simple fixes to tax rates, Canadians would do well to get behind a review of our tax system to ensure that all its parts – from taxation of small businesses and corporations, to the treatment of capital gains and dividends – helps Canada grow faster.
Tags: budget, economy, featured, ideology, tax
Posted in Debates | No Comments »
US Tax Changes should Trigger Bold Reform in Canada
Thursday, March 14th, 2019
The authors propose a cash-flow tax, or what economists call a tax on economic “rents” which would involve the immediate write-off of all capital expenditures coupled with the elimination of the debt-interest deduction. The idea is to replace the corporate income tax with a tax that applies only to above-normal return on investment and is, therefore, neutral with respect to business investment and financing decisions.
Tags: economy, ideology, standard of living, tax
Posted in Policy Context | No Comments »
Ottawa should change tax rules to encourage donations to charity
Thursday, February 21st, 2019
… the Trudeau government… should broaden the tax exemption on capital gains for charitable donations. It can do that by giving the same tax treatment to donations of shares in private companies and real estate as is now given to gifts of publicly traded shares. Experts who have looked at this idea estimate it would result in additional donations to charities of about $200 million a year. That’s a big chunk of change that would go to organizations like the United Way and local hospital foundations.
Tags: budget, economy, ideology, philanthropy, tax
Posted in Governance Debates | No Comments »
Toronto needs to pay for the needs of a major metropolis
Sunday, February 17th, 2019
… spending is low. A few shrill voices on the right squawk on about waste at City Hall, but the facts show the city is actually spending less per resident now than it did back in 2010, when the figures are adjusted for inflation… But how does Toronto compare to other cities? One measure is the annual growth in spending over the past few years, and there it turns out Toronto ranks right near the bottom — 27th out of 29 Ontario cities listed in a Fraser Institute survey last fall.
Tags: budget, ideology, jurisdiction, participation, standard of living, tax
Posted in Governance Debates | No Comments »
Let us now give thanks for Michael Wilson’s GST
Wednesday, February 13th, 2019
The GST was designed to be revenue-neutral; its goal was not increasing government revenue but instead raising it in a smarter, more progressive and more economically efficient way… Value-added taxes tax spending and encourage saving. Traditional sales taxes are regressive, falling hardest on low-income people, but credits for low-income Canadians make the GST progressive. The revenue is fairly stable. The system of input credits makes tax evasion far less likely than under a sales tax.
Tags: economy, ideology, tax
Posted in Governance History | No Comments »
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