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With most Canadians agreed that we need a bold recovery from the pandemic, It's time to break the silence about how we pay for it. Today, as part of our Essential Solutions Project, we published a significant new paper Paying for the Recovery We Want. The pandemic has laid bare the deep cracks in our systems, from education and health to employment standards and income supports. We have been forced to face up to longstanding inequities and injustices that Indigenous people, women, Black people, and other racialized groups have borne for years. They have suffered some of the worst impacts of the virus. We need a transformative change in the way our economy and our society works, and we will only get it with robust public investment and leadership.
This paper makes the case for a debt-financed recovery in the short to medium term, followed by a comprehensive revision of our tax system; including a wealth tax, income tax reform, ending corporate welfare, a sovereign wealth fund for green recovery, and reviewing consumption taxes and social security premiums. Read the Paying for the Recovery We Want report on our website. And if you think a wealth tax is a good idea, please send an email to your local MP telling them you would like to see them support it too. Thanks, help us get the word out by forwarding this email to your networks, or share it via social media. Katrina Miller P.S. If you think our work is making an impact, please consider supporting it by making a contribution to the Institute. |
It’s possible that I shall make an ass of myself. But in that case one can always get out of it with a little dialectic. I have, of course, so worded my proposition as to be right either way (K.Marx, Letter to F.Engels on the Indian Mutiny)
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