A New Call For a Return to Progressive Taxation

I suppose one has to be of a certain age to remember that progressive taxation has been a mainstay, until fairly recently, of our taxation system. Little by little over the past two decades, probably starting with the introduction of the GST, that principle has been on the wane, to the point where we have flattened the tax brackets and derive much of our revenue from consumption taxes and business growth, both of which have their obvious limitations.

Today, it is very rare for politicians of any stripe to even broach the subject of tax increases, as opposed to spending cuts, as a means of helping to address deficits. That is why I was so pleased to read Thomas Walkom's column in today's Star. Using a group called Doctors for Fair Taxation, Walkom examines the case for a return to true progressive taxation.

I highly recommend it for your consideration.