Miscellaneous material for your mid-week reading.
- Lee-Anne Goodman reports on studies from both the Parliamentary Budget Officer (PDF) and the Broadbent Institute (PDF) showing that enlarged tax-free savings accounts stand to blow a massive hole in the federal budget while exacerbating inequality. And PressProgress documents and refutes the pitiful response from the right.
- But then, I suppose we shouldn't expect the Cons' actions on TFSA to differ from their usual mismanagement. And Scott Clark and Peter DeVries write that the Cons' tax baubles in general have accomplished nothing useful, while Ricarda Acuna notes that Alberta (as the exemplar of the Cons' low-tax, high-inequality philosophy) is paying a heavy price for a PC government's refusal to collect appropriate revenue or preserve the value of public assets.
- Tim Dickinson writes that Stephen Harper's bluster about "superpower" status has officially fizzled out. And Karl Nerenberg outlines the main themes of the Cons' stay in power - and how they reflect a fundamental clash between Harper's whims and Canadian values.
- Bryce Covert reports on the billions of dollars siphoned out of middle-class retirement funds every year by the U.S.' financial services industry, while also pointing the difficulties in reining in such a lucrative rent-seeking operation. And Bill Black exposes how HSBC's CEO used tax evasion techniques to hide his own pay from his peers (h/t to Cory Doctorow).
- Finally, Tim Harper highlights the irony in the Cons' reliance on the courts to be the sole arbiters as to the validity of CSIS actions up to and including targeted killings when the same government doesn't believe judges are qualified to deliver criminal sentences. And Justin Ling reports on the NDP's efforts to make sure C-51 isn't rammed through Parliament without serious scrutiny, while Kady O'Malley notes that the Cons' plan is to avoid letting experts be heard.