Inequality has been increasing globally for years, and developed nations have seen inequality rise in rates comparable to the start of the great depression. This situation is understandably problematic and worrisome. Accordingly, a lot of thinkers have looked into the problem, most solutions come down to some level of redistribution
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Things Are Good: Alberta’s Carbon Tax Brings Cash to Great Programs
The Canadian province of Alberta is best known for the tar sands and the damage extraction of the bitumen has done to the planet. The province is now aware that their extraction economy won’t last forever because it isn’t renewable, so they have started to implement policies to make their
Continue readingMichal Rozworski: “Investment” versus investment
Surprise! A new investigation by the Toronto Star and the CBC found that recent treaties with tax havens like the Bahamas and Panama aimed at more “transparency” have just made it easier for corporations to evade ever more taxes. And Canadian corporations have obliged this golden opportunity. “Investment” abroad has ballooned all the while the […]
Continue readingWritings of J. Todd Ring: The real costs of fossil fuel-powered vehicles – and the alternatives to them
There is some rising concern, and at times vitriol, about electric car drivers not paying their fair share, because they buy no gas, and therefore do not pay gas taxes, which go to maintaining roads. While this is true, it is only a sliver of th…
Continue readingJoe Fantauzzi: The Political Economy of The Sharing Economy
Introduction Today, getting a lift to the store is as easy as loading an application on a digital device and summoning a roving car to one’s door. It is fast, cheap and, many argue, less onerous than ownership. The so-called sharing economy is on the…
Continue readingThings Are Good: Taxing Sugary Water Works
Beverages infused with copies amounts of sugar like Pepsi or Coke aren’t good for you health. When an entire nation consumes too much then public health suffers greatly. This has many governments looking into how they can stymie this overconsumption of unhealthy drinks. One solution is taxing soda sales. in 2014 the Mexican government started […]
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Continue readingJoe Fantauzzi: From Participatory Budgeting to Co-operative Tenant Control: An Alternative Policy Recommendation For Toronto Community Housing
Toronto Community Housing (TCH) is a huge organization with a crucial mandate. Located in Canada’s most-populous city and the capital of the Province of Ontario, TCH provides housing for 164,000 low and moderate-income people in 58,500 homes. The age…
Continue readingJoe Fantauzzi: Raise Corporate Taxes To Fund Ontario’s Infrastructure Deficit: An Alternative Policy Proposal
The province of Ontario currently faces a significant public infrastructure deficit which is harming its economic productivity and its quality of life. The government’s own numbers estimate that deficit at “tens of billions of dollars.”[1] Some m…
Continue readingJoe Fantauzzi: Notes on the Political Economy of the Hydro One Privatization or: Why Isn’t The Ontario Business Sector Paying Its Fair Share For Infrastructure?
Ontario’s provincial government faces a massive public infrastructure deficit. The province’s own numbers estimate the deficit at “tens of billions of dollars.” Among the high profile components of this deficit is transportation infrastructure. In response, the government says it has invested billions of dollars into transportation infrastructure since 2003. Ontario’s Liberal provincial government is
Continue readingOpenMedia.ca: Geist: Netflix Taxes and Canadian Digital Issues in the Election Spotlight
All party leaders should say NO to the Canadian Netflix tax! Here’s why this discussion should be one of the important digital issues on the spotlight in the election campaign. Article by Michael Geist read more
Continue readingJoe Fantauzzi: Ontario’s Common Sense Revolution at 20: A Look Back
Today marks 20 years since the Progressive Conservative Party foisted its so-called “Common Sense Revolution” on Ontario. Former PC Ontario leader Tim Hudak took to Twitter this morning to extol the virtues of this full-throated neoliberal experiment, declaring it “the most effective, courageous gov[ernment]” in his lifetime. Some remember those days
Continue readingJoe Fantauzzi: Ontario’s Common Sense Revolution at 20: A Look Back
Today marks 20 years since the Progressive Conservative Party foisted its so-called “Common Sense Revolution” on Ontario. Former PC Ontario leader Tim Hudak took to Twitter this morning to extol the virtues of this full-throated neoliberal experiment, declaring it “the most effective, courageous gov[ernment]” in his lifetime. Some remember those days
Continue readingPolitical Eh-conomy: Transfers, taxes and who pays for austerity
The question of who pays for austerity and how is an enormous one. Promoters of austerity often claim that cuts to universal services are fine if they’re offset by transfers to those who can’t pay for newly-marketized services. The same goes for expanding services – why give everyone childcare if
Continue readingPolitical Eh-conomy: Some thoughts starting from a Fraser Institute graph
I’ve been meaning to post something on a chart from a Fraser Institute report for a while but slept on it. The chart comes from Fraser’s annual Consumer Tax Report and is supposed to show the different paths taken by how much households pay in taxes and how much they spend
Continue reading9 ways Alberta should manage resources better
Sometime toward the end of November, the Alberta government will release their 2nd quarter fiscal update. Finance Minister Robin Campbell will likely tell us that the second quarter was another good quarter but that the good news is coming to an end and the 1st quarter projection of a $3 Billion bonus will be
Continue reading9 WAYS ALBERTA SHOULD MANAGE RESOURCES BETTER
Sometime toward the end of November, the Alberta government will release their 2nd quarter fiscal update. Finance Minister Robin Campbell will likely tell us that the second quarter was another good quarter but that the good news is coming to an end and the 1st quarter projection of a $3 Billion bonus will be revised. The reason of course … Continue reading 9 WAYS ALBERTA SHOULD MANAGE RESOURCES BETTER →
Continue readingPolitical Eh-conomy: Forget income splitting, tax the rich!
For now, I’ll keep double-posting my pieces for Ricochet here. The latest is on income splitting and taxing the rich more generally. The idea is that even though taxing the rich won’t get generate huge revenue, there are lots of other good reasons to do it, like even just slightly shifting the balance
Continue readingPolitical Eh-conomy: Is Canada the Sweden of anything?
There was an odd article last week on the explainer site Vox that argued Sweden doesn’t achieve its relative equality with very progressive, “soak the rich” taxation. While Matt Bruenig and Mike Konczal have already provided excellent, US-centred rebuttals to this argument, I thought this would be a good occasion
Continue readingJoe Fantauzzi: Needed: A Real Deal For Cities
Over at NinetyTwoPointEight, I have written a post about the need for substantive discussion during the ongoing Toronto municipal election about freeing up the city from the paternalism of its relationship with and dependance on the province of Ontario. Here is the link: Election 2014: A Lost Opportunity To Push For
Continue readingJoe Fantauzzi: The Ontario Election, Austerity and The Social Commons
In his Second Treatise of Government, John Locke argued that land, when Common, was fallow and unproductive. Mixing one’s labour with the land, such as growing grain or picking an apple, however, privatized the land and allowed access to the fruits of the labour.[1] Eventually these private, “productive” lands were enclosed, most
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