So what are they defining as "middle class" for this round? gotta love the journalism of CTV that seemed OK leaving this as "will lower tax for some Canadians"... some precise reporting there
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It is time for a radical change in how we progress as a society. Money sure ain't working. "Let's keep turning these money knobs and see what happens" should not be the ultimate answer for forward progress towards something resembling a utopia, which should be the goal. I have no answers but it seems that fiddling around with economy and hoping for the best is nothing more than just killing time.
Absolutely. Money is a signifier that only has meaning when integrated in material exchanges. Radical, bold restructurations are needed in order to ameliorate our country's socioeconomic reality.
How about giving us income splitting so that I don't pay more in taxes than a two income family that makes more than I do?
Step one: tax the rich.
Tax. The. Rich.
Tax them until we eliminate working poverty. Tax them until we can move away from destroying the environment. Tax them until we eliminate billionaires entirely.
This is to placate people who think voting gives you instant gratification. This isn't for people who pay attention.
It's all a big show regardless of who is in office and people eat it up. Drama for the masses.
Disappointing to see adoption of CPC/PP platform cluelessness policy priority. Canada needs to spend on industrial policy to fight US, and prepare for hardships. His first BS of offering US empire more weapons purchases for more force multiplier warmongering was embarassing enough. Head in the sand "negotiations" is not going to go well.
Priority needs to be to destroy US economy, to save Canada's. If plan is to do nothing, we can do without an auto industry too, but waiting until the crisis evolves is just negligent.
Instead of tax cuts to help the middle class, what they should really do is:
Reduce privatization.
So much of our country is owned privately for the sake of profit.
This is why everything is so expensive, it’s because we let rent seekers own our infrastructure.
I want my government to start making money without further relying on middle class income.
Yeah, private ownership concentration is a huge problem leading to monopolies, lack of innovation, and worsening treatment of both customers and employees in general. As I understand it, all funds have increasingly gone to parasitic shareholders more than ever since CEO pay has shifted more and more to pay in company stock.
I’d love more publicly-run utility and transportation networks as you said, but in other less critical areas we could probably benefit from a more competitive system of small-to-medium-sized cooperatives that could (ideally, in a perfect world) replace corporations entirely. I would love to see support for worker groups with solid business plans to receive government grants (or at least forgiving loans) to help them buy their private sector workplaces for conversion to a democratic business model where employee-owners don’t get treated like serfs and businesses have to win over customers to survive, rather than trapping them and getting complacent.
*edited to add that last bit in italics
Sweet now let's raise it on foreign billionaires who try to defraud our EV rebates
I'm kind of hoping they will. The government does not have too much money right now. I see no reason not to add a few percent to the top or second-to-top tax bracket.
I'll repeat again, I don't need a fucking tax cut. I need the price of housing to start going down.
Increase taxes on property significantly, and use 100% of that money to give everyone a basic income.
This incentivizes both people and developers to be efficient with their housing choices. Using too much housing for the area you live in? You pay extra to help out everyone. Using the right amount? No harm to you. Using less than the average? Here's a payout, thank you.
Prices overall will drop, because it's no longer profitable to simply own a home due to the taxes, and especially not if there's no people in it because the taxes won't be offset by the basic income.
He's also planning to start a big government-driven building program at some point.
I don't expect this guy is going to do a basic income. That's a radical policy that's not really on-brand for him, and we have some crises going on that need the political oxygen.
I think that increasing the basic personal exemption would have helped a lot more lower income Canadians
Make it an official tax bracket too, instead just a refund everyone qualifies for. I don't know why TF it's set up that way.