Posts Tagged ‘tax’
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Morneau prefers a public-private pharmacare plan, but government health committee may disagree
… the only groups opposing a universal plan are those with skin in the game: private insurers, drug companies and pharmacists, who stand to lose if drug prices fall under a public plan… the House of Commons health committee prepares to table its own report on a national pharmacare program later this month, after nearly two years of study… it’s likely the committee members will recommend some form of universal plan, which could place them at odds with the finance minister’s vision
Tags: budget, economy, Health, ideology, jurisdiction, mental Health, participation, standard of living, tax
Posted in Health Policy Context | No Comments »
Bill Morneau’s unwise decision to backtrack on pharmacare
When Canadian medicare was being debated in the 1960s, a similar division arose between those who wanted a full-scale universal program and those who, like Morneau today, merely wanted to fill in the gaps… eventually, the medicare universalists won. Both politically and logically their arguments simply made more sense.
Tags: budget, economy, Health, ideology, jurisdiction, mental Health, pharmaceutical, standard of living, tax
Posted in Health Policy Context | No Comments »
Bill Morneau is wrong to rule out universal pharmacare
There will be no pharmacare “plan,” he said on Wednesday, but instead a pharmacare “strategy” that “deals with the gaps,” is “fiscally responsible” and “doesn’t throw out the system that we currently have.” True to his government’s preference for targeted over universal programs, the finance minister seemed to be saying that supplements to the current dysfunctional mess will have to suffice.
Tags: budget, economy, featured, Health, ideology, mental Health, privatization, standard of living, tax
Posted in Health Policy Context | No Comments »
Ottawa promises crackdown on loopholes that let big banks avoid billions in taxes
The federal government has singled out Canadian banks for gaming the tax system to artificially reduce their tax bills. In the budget released Tuesday, Ottawa announced it will tighten tax rules “meant to prevent a small group of taxpayers, typically Canadian banks and other financial institutions, from gaining a tax advantage.” The measure was one of a slew of reforms to prevent tax evasion and avoidance that Ottawa estimates will bring in almost $1 billion per year.
Tags: budget, economy, featured, globalization, ideology, tax
Posted in Governance Policy Context | No Comments »
Wage wars, trade wars, and virtual economic reality
Statistically, the provincial economy is the strongest in decades. Ontario’s 5.5 per cent unemployment rate is the lowest this century, economic growth has been best in the West since 2014, interest rates are low and the budget is balanced. Tell that to vulnerable workers. Or the venerable Ontario Chamber of Commerce… Even the latest uproar over the minimum wage appears to be a battle of perception versus performance — or virtual reality versus economic reality.
Tags: economy, globalization, ideology, participation, standard of living, tax
Posted in Debates | No Comments »
Universal health care’s humble origins
Viewed solely in economic terms, Britain could not afford the NHS in 1946. That the NHS was created speaks to a conscious decision on the part of government to prioritize health care and social services. Ultimately, what a society can or cannot afford is a policy decision… / The creation of the NHS was a courageous decision by the Labour Party to radically improve the lives of British people. It benefited most sectors of society – hence the continuing broad support for it.
Tags: budget, economy, Health, ideology, mental Health, standard of living, tax
Posted in Health Debates | No Comments »
Big little lies
Yes, it turns out, small business creates lots of new jobs. But small business also destroys lots of jobs, because so many tiny companies go bust. If you look at the net number of jobs generated, small firms’ ability to create employment is nothing special… Handing out special favours to small businesses rewards companies for staying tiny and relatively inefficient rather than pushing them to grow and achieve economies of scale.
Tags: economy, featured, ideology, tax
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Imagining an alternative to growing global inequality
If the global growth in income inequality keeps on at its current pace, populist and nationalist trends around the world will flourish… 82 per cent of the wealth generated last year went to the richest 1 per cent of the global population. The poorest half of the world’s population — 3.7 billion people — saw no increase at all… the wealth of the billionaire class has risen by an annual average of 13 per cent since 2010, over six times faster than the wages of average workers.
Tags: economy, featured, globalization, ideology, participation, standard of living, tax
Posted in Equality Debates | No Comments »
Many Working Families Face Tax Trap
Working parents with children—particularly low-income families— face prohibitive tax rates that discourage taking on extra employment to get ahead, according to a new report from the C.D. Howe Institute. In “Two-Parent Families with Children: How Effective Tax Rates Affect Work Decisions” author Alexandre Laurin finds that mothers and poorer families are the most adversely affected by this tax trap.
Tags: child care, participation, standard of living, tax, women
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