Doug Ford shows why we need a wealth tax
He may not have done it intentionally, but Doug Ford just provided the perfect illustration of why we need a wealth tax.
The Ontario premier has introduced deep cuts to the province’s Student Loan Program — cuts that will make it much more difficult for poor students to lift themselves out of poverty.
Ford’s cuts won’t impact students from well-to-do families. But they’ll be a deal-breaker for hundreds of thousands of poorer kids who, until now, have been able to count on the province’s financial support, with up to 85 per cent of that support delivered in the form of grants.
These changes risk closing the door — indeed, slamming it hard — on young people, condemning them to a future of low-paying jobs in the gig economy.
Clearly, we need more revenue to fund post-secondary education.
But where can we possibly find that revenue? Everybody is already paying a lot........
