We have to spread the money from the haves to the have nots
Re: Fact: When we cut taxes we lose important services — July 23
In Hugh Mackenzie’s article about $170 billion in lost spending on public services such as education, health, housing, and infrastructure, he challenges us to enter the conversation about taxes.
Any meaningful discussion about taxes must include the redistribution of money from the 90 per cent to the 10 per cent, and their subsequent quest to reduce their taxes individually through loopholes and corporately by building head offices in countries offering lower taxes.
Our government’s mandate is to serve the majority yet it continues to work with corporate leaders, lobbyists, bankers, lawyers, accountants, economists to serve investors — the 10 per cent — perpetuating a failing system for the majority of us.
We need to address the disappearing production jobs, and artificial intelligence and its implications on employment.
Many of our current leaders share a structural mindset that serves the status quo. This is not good news.
Stand up and speak to representatives, and hope some true wealthy philanthropists will invest in identified “brokenness” in our society.
And for those who won’t, let our governments substantially increase their taxes and redistribute these monies to benefit society.
Neal Hammond
Guelph