Quote:
Originally Posted by peter12
We should be far more concerned with streamlining our regulatory processes than reducing taxes.
For example, access to housing is one of the biggest drivers of inequality in this country and it has almost nothing to do with taxation. The issue is centred around how difficult it is to build enough housing supply to meet demand.
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And the fact Canada’s entire economy is based on laundering money out of Asia and creating equity through housing
It isn’t completely a supply and demand issue - per se - if an unlimited amount of capital is looking to hide in your country in the form of real estate
Your solution would see housing prices drop ( in theory ) meaning that owning a home wouldn’t contribute to the inequality , meaning the spread would get closer for the middle and lower class, and widen between the current home owning middle class and the upper class / upper upper class