this post was submitted on 31 Aug 2024
26 points (93.3% liked)

Canada

7196 readers
492 users here now

What's going on Canada?



Communities


🍁 Meta


πŸ—ΊοΈ Provinces / Territories


πŸ™οΈ Cities / Local Communities


πŸ’ SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


πŸ’» Universities


πŸ’΅ Finance / Shopping


πŸ—£οΈ Politics


🍁 Social and Culture


Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca


founded 3 years ago
MODERATORS
 

Archive: [ https://archive.is/p8x6G ]

you are viewing a single comment's thread
view the rest of the comments
[–] psvrh@lemmy.ca 8 points 2 months ago

I would point you to a recent Lemmy post that shows grocery and processor profits spiking, while farm income is flat.

Cancelling the TFW program would help, sure, but the other half of the coin should be much, much higher marginal tax rates that put a brake on profiteering. One of the reason everything is so theadbare is because the rich are taking an increasing share of the wealth, and the reason they're doing that is because we don't tax them for it. Because we don't tax them, they have no incentive to invest in people or productivity improvements, and every incentive to use those profits for financialization.