Month: September 2018

One way to fight extreme inequality is to have a progressive tax system. We mostly think about this in the form of progressive income tax brackets, which are structured so that those who have higher incomes pay higher tax rates. Other taxes, however, like sales tax or the carbon tax, are not necessarily progressive in… View Article

There has been a great deal of recent media coverage both for and against the planned Trans Mountain pipeline expansion (TMX). Much of it is political, but of utmost importance are the ramifications for the planet. Prime Minister Justin Trudeau has stated that the expansion’s approval was based on science, and he is convinced of… View Article

The road to hell is paved with good intentions, an economics professor of mine used to say back in the late 1980s. Concerned about the federal government’s inability to reign in fiscal deficits, hell back then was hitting a “financial wall” where the markets would no longer lend or would only do so at catastrophically… View Article

It’s back-to-school season and this September, BC students of all ages are returning to schools facing a very different funding environment. That’s because in its first year in power, BC’s new provincial government made a major shift in direction in education policy, significantly increasing education investments for students of all ages. The largest and perhaps… View Article

Many of us worry about income inequality in BC, and so we should. But here’s the thing—bad as income inequality is, wealth inequality is worse. And in our province, that wealth inequality is driven in large part by real estate—who owns it, and who doesn’t. The ownership of real estate wealth in BC is highly… View Article