Should the rich be taxed more? A new paper shows unequivocally yes
This Guardian post from Sunday covers the ground that can’t be in a ten minute radio interview. The toll removal commitment made by the NDP was not accompanied by any discussion of how the required funds would be found. The money raised by bridge tolls will now come from the provincial budget – stayed tuned for that announcement.
The problem revealed by the toll removal is that we still have not dealt effectively with how to pay for Translink. And the probability that the Mayors’ preferred alternative – road user pricing – is now hostage to the “Toll Free BC” slogan.
But there are people who have done very well indeed from the 16 years of BC Liberals. Not the general population, of course, just the privileged. The people who already had plenty have got much more. The inequity of the policies pursued by right wing governments, and vacuity of the “policy” framework based on falsehoods such as “trickle down theory” and ” the rich are job creators”, has been widely exposed but oddly not generally accepted. The fact that people still vote for these parties against their own interests has also been widely noted.
Is it actually likely that Mr Horgan will open the can of worms that is Translink funding? Will he really bring in more progressive taxation on the super rich? Or will he decided that the over heated property market in Vancouver allows him to rake in more from property tax which is always the favourite target for provincial politicians, as that is the one source of revenue that they don’t get the blame for?
While the article I am citing above does not mention Canada or BC the general principles do apply – which I why I am linking to it. Because I think you need to read that rather than whatever bright idea someone like me could come up with. Well researched, properly cited and evidence based policy recommendations – backed by hard data – is worth far more than just opinion.
If you would like to listen to me pontificating on Roundhouse Radio 98.3FM on this subject that is now online. Just make sure if you want to point other people to that link through social media you use @Roundhouse983 and @mornings on twitter and Instagram and ‘Roundhouse Radio’ on Facebook.
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