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Decentralized Democracy

House Hansard - 42

44th Parl. 1st Sess.
March 21, 2022 11:00AM
  • Mar/21/22 12:15:47 p.m.
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Madam Speaker, the banks continue to post profits, and their executives are rolling in money while families are struggling to access or purchase housing. Major corporations also keep making profits while small businesses are suffering. The oil companies are raking in the dough while everyone is paying more for oil and gas. I am therefore in favour of a 3% surtax on those referred to in the motion as the “super‑rich”. I do want to point out, though, that tax havens represent another anomaly. The government is totally complacent with respect to tax evasion. Is it right to take that attitude?
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  • Mar/21/22 1:26:33 p.m.
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Madam Speaker, I enjoyed the speech given by my colleague from Mirabel. We can always count on him to identify the limitations of the market in a crisis. He would make the founding fathers of political economy proud, because they emphasized the importance of redistribution. My colleague is offering to teach a course in economics, so I suggest that he also offer a course in economic history. Historically, whenever there was a crisis, governments always opted for a policy of redistribution through taxes. Can my colleague tell me whether this is true or false, and provide more details?
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