Re: 鈥淢iddle incomes get little help from budget,鈥� editorial, March 22.
As outlined in the editorial, the recent federal budget offers little support for most 91原创s who see the economy heading in the wrong direction and fear the consequences. For the past 35聽years, Canada has been become vastly wealthier, for the top one per cent. Meanwhile, the rest of us have concerns over housing costs, wage levels and the lack of good full-time jobs for new graduates.
A forward-looking budget would have recognized that this trend is not good for our economy, our democracy or our social fabric. An appropriate fix would have included a revenue-neutral carbon tax, a guaranteed annual income and, for the one per cent, an inheritance tax and an income tax that approaches the 70 per cent rate they were paying between 1948 and 1980.
Ken Roueche
Victoria
