Saturday 29 October 2011

Canada: Why Aren’t We Talking about Income Inequality?

GLOBE AND MAIL: Equality is fitfully in the news. Demonstrators demand higher taxes on the “rich.” Would-be NDP leader Brian Topp says the “rich” should pay more. In the U.S., a smattering of economists and business people – even Warren Buffett – insists the very wealthy should pony up.

Deficits are large, social programs need to be funded, the poor are growing. Ergo, the rich should pay more. So goes the simplistic argument.

In Canada, we have fussed a great deal about equality, but not of the income kind. Instead, we’ve spent much money and changed laws to deal with equality of regions and equality (or equity) of ethnicity and gender. Read on and comment » | JEFFREY SIMPSON | Saturday, October 29, 2011