Posts Tagged ‘tax’
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How to Defeat Poilievre’s Politics of Abandonment
Thursday, September 14th, 2023
For Poilievre freedom itself is conceived in opposition to government… The profit motive is what drives efficiency, no matter what “good” is being considered. Privatization then — whether in health or seniors care, housing, child care or transit — is the solution to the rising costs of living. The individual trumps the collective, competition trumps co-operation, private interests are king. Never mind that unregulated capitalism traps many in lives robbed of freedoms from want and drudgery.
Tags: economy, featured, ideology, tax
Posted in Governance Debates | No Comments »
To fix Canada’s health care, a hard economic truth must be acknowledged
Tuesday, August 29th, 2023
… a) when public health care was first rolled out, there were limited complex interventions available; b) what could be done was relatively inexpensive; and c) given shorter lifespans, there was simply less time for a patient to require the higher-cost care commensurate with advanced age. In that context, funding health care out of general tax revenues has become increasingly hard – and will eventually be unsustainable.
Tags: budget, economy, Health, ideology, standard of living, tax
Posted in Health Debates | No Comments »
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
Posted in Equality Debates, Governance Debates | No Comments »
Why we need to rewrite the script on corporate taxes
Wednesday, June 7th, 2023
Canada’s tax-and-transfer system, which relies on taxing income and providing Employment Insurance and other benefits, isn’t reducing inequality as much as it did before the mid-‘90s. Specifically, despite increases in worker productivity, average real wages have stagnated while corporate profits have skyrocketed. This inequality manifests through middle-class household debt and significant personal savings of CEOs.
Tags: economy, ideology, participation, standard of living, tax
Posted in Debates | No Comments »
Federal budget 2022: Highest-earning Canadians face minimum tax rate increase
Friday, March 31st, 2023
Ottawa is raising the alternative minimum tax rate and imposing new limits on many of the exemptions, deductions and credits that apply under the system starting in 2024… it is increasing the alternative minimum rate to 20.5 per cent from 15 per cent starting in 2024… Wealthy Canadians pay the alternative minimum or regular tax, whichever is higher… about 32,000 Canadians will be covered by alternative minimum tax in 2024
Tags: budget, featured, ideology, standard of living, tax
Posted in Governance Policy Context | No Comments »
The provinces’ poor-us act on health care is wearing thin
Tuesday, March 28th, 2023
The provinces chose to ignore those tax-point grants in the recent funding debate. But a new round of tax-point transfers makes sense: it would put the ability to generate health care dollars – and the responsibility for how well they are spent – in the hands of the provinces that deliver the services.
Tags: budget, economy, jurisdiction, mental Health, tax
Posted in Governance Policy Context | No Comments »
Biden breaks taboo on taxing wealthy, showing Trudeau how to do it
Thursday, March 23rd, 2023
… their wealth is largely held in corporate stock and, unless they sell stock and trigger a capital gain, no income tax applies. The wealthy are a formidable interest group who play an enormous — although largely hidden — role in shaping the political agenda. Still, they’d have more trouble keeping a wealth tax off the agenda if our progressive politicians embraced the idea with the same gusto as the broad Canadian public.
Tags: budget, economy, featured, ideology, standard of living, tax
Posted in Governance Debates | No Comments »
How much money does Canada’s health system really need?
Friday, March 3rd, 2023
Internationally, Canada spends more per capita on health care than many other OECD countries, but performs very poorly. … other than for long-term care, there is no need for health-care costs to rise dramatically over the coming decades – not if there are appropriate structural reforms and more integrated management.
Tags: budget, Health, ideology, jurisdiction, tax
Posted in Health Debates | No Comments »
Canada needs a minimum tax on corporate book profits
Thursday, March 2nd, 2023
In 2021, tax avoidance by 123 of Canada’s largest corporations cost the public $30 billion… Corporate tax avoidance nearly doubled in 2021, compared to the pre-pandemic average. More robust policies are needed… A minimum tax on book profits is the major revenue generator within the Biden administration’s Inflation Reduction Act… If Canada had a 15-per-cent minimum tax on book profits in 2021, it would have reduced the tax gap by $11 billion.
Tags: budget, featured, standard of living, tax
Posted in Policy Context | No Comments »
Canada’s vanishing health care crisis
Saturday, February 18th, 2023
Health care spending is actually declining this year on average, once population growth is factored in… Only the three Maritime provinces are planning to boost health care spending faster than the increase in the federal transfer… the contrast between the urgent rhetoric of the premiers and the tepid growth of spending underscores, again, the need to firmly place the responsibility for health care funding on the provinces.
Tags: budget, Health, jurisdiction, standard of living, tax
Posted in Health Debates | No Comments »
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