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To pay for recovery, boost corporate taxes and end tax havens, say progressive economists - 2020-06-15

F185.png To pay for recovery, boost corporate taxes and end tax havens, say progressive economists June 15, 2020, Karl Nerenberg, rabble.ca

On one side we will have those who, echoing the Canadian Liberal government of the 1990s, argue that public debt is the main challenge, adding that any increase in taxes on corporations or the wealthy would stifle economic growth.

That is, not surprisingly, U.S. President Donald Trump's view. He manages to get (white) working class men to support him, nonetheless, by wrapping his elitist economic policies in nationalist, xenophobic and racist rhetoric.

It is also the view of the Canadian conservative movement.

Former prime minister Stephen Harper has already put it out there, and right-of-centre think tanks, from the Fraser Institute to the C.D. Howe Institute to the Macdonald-Laurier Institute, are all weighing in on the side of what they characterize as fiscal probity.

Wikipedia cite:
{{cite news | first = Karl | last = Nerenberg | title = To pay for recovery, boost corporate taxes and end tax havens, say progressive economists | url = https://rabble.ca/news/2020/06/pay-recovery-boost-corporate-taxes-and-end-tax-havens-say-progressive-economists | work = rabble.ca | date = June 15, 2020 | accessdate = June 16, 2020 }}