This is great information, and I love the graphic graphs. Thanks for taking the time to put this together – it’s very useful.
I need to do more on the Canadian angle thing. Myself I’,ve been so immersed in the US financial crisis and then the austerity there (Wisconsin), I haven’t done much research about up here — yet.
What? Does this mean the Harper has been lying about Canada being so much different than other countries when it comes to sharing the wealth? Say it ain’t so.
Thanks, Darren, that StatsCan report looks fascinating.
We should definitely get rid of Stats Can!! It’s undermining the 1% and Harper. Great work, or should I say re-work?
Hi Darren. this is great. you mean i can pursue the American Dream in Canada too? All this time it thought i’d have to give up my potential riches in exchange for public services or whatever. what a relief.
I don’t disagree with the basic thrust of this piece but i think some caution is warranted in reading the numerical comparisons.
Europe has a number of tax havens where the 1% can take up residence. (Monaco is probably the best example). So this might not be an apples to apples comparison.
These numbers might be comparing the 1% in the USA/Canada vs those who are between the top 2% and 3% in France.
I love the comparative chart, though if you can go back to numbers from the late 1970s, before Thatcher/Reagan/Mulroney (the neoliberal revolutionaries) you’ll get an even starker comparison I believe. By 1985, the Reagan upper class tax cuts were already sending the wealthy to their yacht brokers and speculative nonsense like the S&L was already underway.
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