Thursday, April 08, 2010

the left never saw a tax it didn't like

A good piece from Lorrie Goldstein on the left's idea of good economic policy. They want more taxes, especially on those who are the most productive and successful members of society.
Let me give some suggestions to this think tank. let's have a flat tax. Or, let's get rid of income tax completely and just have a consumption tax.

Ever since the global economic collapse, the left has been pushing the idea Canadians have lost faith in the private sector and are ready to accept a greater role by government in their lives.

Part and parcel with this view is their contention Canadians are ready to pay higher taxes for good government services, as argued by Bruce Campbell, executive director of the Canadian Centre for Policy Alternatives, in Wednesday’s Toronto Star.

In a column headlined “Canadians no longer see red over prospect of higher taxes,” Campbell contends “taxes appear to be coming back into fashion,” and not just with the left, based on the following examples.


Joe said...

One of the rallying cries of the American Revolution was, "No taxation without representation". A good and noble sentiment. I would like to add a corollary to above statement. "No representation without taxation".

It would help dispel the myth that there is such a thing as a free lunch. If everyone had to pay a tax then everyone has an incentive to keep taxes low. If half the people don't pay any tax they have an incentive to demand ever higher taxes if said taxes are a direct benefit to themselves. A flat tax or a VAT tax are the best alternatives.

Kevin said...

Very curious. Government interference in the marketplace causes a bubble and then a collapse for which the private sector gets the blame. Thus we need more government interference.
Keynsianism means never having to admit you are wrong.

L said...

This is why we are enraged in BC. I like consumption taxes, but income tax has to got DOWN!!!! Get it! Not an add-on!!!!

Owner and Doggy said...

If there is only a consumption tax, the rich will benefit and the poor will suffer. An income tax insures that the rich pay their fair share.

I Support Lord Black