To be clear, by "public funds" you mean taking even more money from other people.
Yeah your socialism worked in Venezuela just fine...lol. Wealth redistribution, the anthem of the left.To be clear, by "money" you mean "market" income or wealth determined by a system that is largely inscrutable and unaccountable to any thing or person, or that is, but is simultaneously determined by humans as they exist in society. There's a reason why the top 1% (or 10%, or anybody on top) have as much money or wealth as they do -- they pay themselves by agreeing among themselves to do so, using the power they have accumulated.
Almost every society recognizes that extreme outcomes are unacceptable because most humans have the capacity for empathy. Or, if you'd prefer to put it in self-interested terms, as you seem to prefer, because extreme inequality eventually destroys society.
The bottom-line, gut-punching truth is that Canada has a GINI index that is moderate-to-high among OECD countries. Wealth is overwhelmingly concentrated within a fraction of a segment of a slice of society. Other countries that do a better job of distributing market income (within reason, since no society anywhere on Earth has ever come close to eliminating an upper class or ever will), of which there are many, are indisputably nicer places to live.
Your assertion that moderate taxation is "Marxism", in light of the fact such inequality exists in Canada, as a fact, is absurd.
All this to say that I believe in capitalism as a guiding principle, but parroting a word or ideology is not debate-ending response to the need for affordable housing in Toronto.
Maybe I can see posts related to the pretty, very expensive building now?
Yeah your socialism worked in Venezuela just fine...lol. Wealth redistribution, the anthem of the left.
There are so many great counterpoints you could have made to mcornett’s post about redistributive taxation policies. One could argue that the most dynamic world economies tend to be the most free market or that higher taxation simply deprives Ontario of tax income and economic activity by simply encouraging the wealthy to park their money elsewhere. By equating funding more public housing in Toronto through tax revenue to the rampant corruption and incompetence of the Venezuelan government is equivalent to concluding a debate with, “yeah, well you’re ugly and nobody likes you.” It’s intellectually flaccid.Yeah your socialism worked in Venezuela just fine...lol. Wealth redistribution, the anthem of the left.
The top marginal rate is only part of the story. I'm self-employed with a six-figure income; I can guarantee that I'm not Marxist, but I care about social justice. My point about the cost of these apartments is that the fact that they sell like hotcakes is an indication that people can afford higher taxes.
This may be your single worst post in this forum.
Its so completely over the top, hyperbolic and utterly preposterous as to be laughable.
As someone who has investments, who has done reasonably well, who is a proponent of efficiency and an opponent of deficits during times of economic growth, I find your allusion silly.
A fair comparison is Sweden or Norway or Denmark etc.
Those countries all have happier citizens and comparable wealth to Canada or the United States; which much better outcomes for those in the lowest 30% of income.
Its fair enough to disagree with a particular policy or to have a preference on the income redistribution scale, your post did not achieve that threshold.