Entitled Ontario’s taxing march to socialism, (evokes rather inflammatory imagery, doesn't it?) Reynold's article laments this 'consumption of wealth' implying that it will soon continue voraciously, resulting in a decline in everyone's savings. He predicts that nothing good can come from any move that seeks to redress inequality, dismissing it as simply a manifestation of 'hatred of the rich.'
The vacuous screed continues as he suggests the following: As a matter of statistical fact, high-income earners are poorer, in many cases, than average-income earners (with, say, $100,000 in taxable income). He ends it by conjuring up a parade of taxpayers, the least-burdened ones standing erect while the high earners carry Sisyphean boulders equal to 60 per cent of their incomes.
It is a burden, I suspect, that many in our society would be more than happy to bear.
And given the recent news about exploding CEO salaries, even the remaining 40% is much more than the average worker takes home.
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