Tuesday, August 30, 2016

Tuesday Morning Links

This and that for your Tuesday reading.

- Dennis Howlett discusses the public costs of allowing tax avoidance - as Canada could afford a national pharmacare program (and much more) merely by ensuring that the rich pay what they owe:
Eliminating tax haven use could save Canada almost $8 billion a year. That’s enough to cover universal public prescription coverage almost eight times over.

Time after time, budget after budget, poll after poll, those in charge make it sound as if we’re too poor as a country to afford the programs that would really improve Canadians’ lives. The fact that revenues are lost to poor policy on tax havens and loopholes is often conveniently ignored.
...
At this stage of the game, the federal finance minister doesn’t need to raise taxes to pay for pharmacare. Bill Morneau just has to make sure that Canadian multinationals and wealthy individuals pay the tax rate we already have. That isn’t happening right now.

It’s simple. Canadians can continue to support a tax system that lets the richest avoid paying $8 billion in taxes annually — or we can tell them that the party’s over. Instead of ignoring what is happening in the Cayman Islands, Panama and other tax havens, we can urge our politicians to invest the taxes owing on those billions into services that benefit individuals, families, communities and the country as a whole.
...
There is solid data supporting raising taxes in some areas. But that’s an argument for another day. The issue at hand right now is that we do have enough money for pharmacare — likely enough for public dental care as well. Through a series of misguided and outdated decisions driven by the tax dodge lobby, we are needlessly and destructively giving up that revenue.

It’s time to fix those old mistakes and use the tax system to help this country live up to its potential.
- Meanwhile, Owen Jones discusses a European Commission ruling finding that Apple can't validly avoid paying tax through a special arrangement with Ireland. And the Star rightly slams the Fraser Institute for presenting a misleading picture of where public revenue comes from and what it can accomplish.

- The CP reports on the Libs' plans to facilitate the use of temporary foreign workers for liquid natural gas projects in British Columbia - meaning that the last supposed benefit for the province of engaging in a dangerous industry seems to be as illusory as all the others. And Jeremy Nuttall notes that Justin Trudeau seems set to open the door even wider to entrench the use of exploitable foreign labour by multinational corporations. 

- Finally, Catherine Cullen reports on the effects of privatized health care insurance which are being presented in an effort to defend Canada's medicare system from would-be profiteers:
John Frank, a Canadian physician who is now chairman of public health research and policy at the University of Edinburgh, argues in his report that more private health care "would be expected to adversely affect Canadian society as a whole."

He cites research that suggests public resources, including highly trained nurses and doctors, would be siphoned off by the private system.

More Canadians would face financial hardship or even — in extreme cases — "medical bankruptcy" from paying for private care, he writes.

Frank even suggests there could be deadly consequences. He says complications from privately funded surgeries often need to be dealt with in the public system because private facilities are generally less equipped to handle complex cases.

"If such complications, arising from privately funded care, are not promptly referred to an appropriately equipped and staffed care facility, the patient is likely to experience death or long-term disability, potentially leading to reduced earnings and financial hardship."

Overall, "in my expert opinion," Frank writes, the change would reduce fairness and efficiency and "society as a whole would be worse off."

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