No, Canada IS Venezuela

 Justin's policies of waste and corruption can be interpreted as nothing else:

Venezuela is staggering in the face of a years-long power struggle, food shortages, hyper-inflation and an exodus of its citizens.

The country’s foreign minister says, Blame Canada.

 

 

Foreign Minister Jorge Arreaza is part of Nicolas Maduro’s government, which most Western countries no longer recognize, but it does still control most of the country’s institutions. He was speaking through Zoom to a Canadian audience on Thursday, in an event organized by the left-leaning Canadian Foreign Policy Institute.

 

It can't be the political and social failure that is socialism, a system embraced wholeheartedly by Canadians and Venezuelans alike.

Oh, wait ... it is:

These policies would end up devastating the economy through a combination of enterprise-crippling regulation, elimination of market competition, and the removal of the price mechanism to match supply with demand and allocate resources efficiently. Like the so-called “market socialism” of the former Yugoslavia in decades past, the “democratic socialism” now enjoying popularity is simply an attempt at rebranding without new ideas or real improvement. Socialist policies inevitably do damage, even in the oft-vaunted Scandinavian countries, which achieved economic success before the rise of their welfare states. In Sweden, for example, out-of-control public spending led to the 1990 economic crisis and Sweden has since wisely reversed course somewhat. Norway and Denmark are both currently led by government coalitions favoring more free-market policies.

We should not ignore the lessons of twentieth-century socialism’s failures, nor turn a blind eye to what socialism has wrought in Venezuela—as some socialists, sadly, do. Until the socialist movement evolves different policies, these failures remain relevant. There is no reason to think that the same policies that failed in the past will produce different results in the future.

 

Anyone who tells one that things can be freely provided and no one has to do any actual work to get anything is selling utter ruin in the form of stupidity and must be stopped for the good of humanity.

 

Also:

If you move to Vancouver, assuming you have CAD $280,000 of income, you will pay tax of $104,674. Your after-tax income will be $175,326. Therefore, the effective tax rate is 37 percent. Every additional dollar you earn will be taxed at 49.8 percent.

If you move to Seattle, though, you’re in luck! Washington State is one of seven states without a state income tax. You only have to pay U.S. federal tax. Assuming you earn US $200,000 (about CAD $280,000), your total income tax bill would be US $52,552. Therefore, your after-tax income would be US $147,448 (or roughly CAD $206,000). The effective tax rate is 26 percent and every additional dollar would be taxed at $33.45 percent. ...

There are many political groups, think tanks, organizations and journalists who keep repeating the claim that the rich are not paying their fair share of tax. Yet today, seven out of 10 provinces have a combined federal and provincial tax rate of more than 50 percent on the highest tax bracket.

According to Statistics Canada, the top 10 percent of income earners earns 34 percent of all income in the country but pays 54 percent of all income taxes! The top one percent of income earners earns 10 percent of all income in the country but pay 21 percent of all income taxes. The top 0.1 percent of income earners earn 3.4 percent of all income but pays 7.9 percent of all income taxes.

This clearly demonstrates without a shred of doubt that the richest people in the country are already paying more than their fair share of income tax. Furthermore, these figures only include income tax and do not take into account all the sales taxes and property taxes these people are paying. The erroneous belief that the rich are not paying their fair share of tax has led politicians to unfairly and illogically raise tax rates to the point of confiscation.

 

If Justin et al really felt that the rich should be heavily taxed, then he should surrender his WE earnings.