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Fair wage letter lacked balance
Re: Why a fair living wage is the right thing to do (Letters, NewsLeader, Feb. 19)
I had to respond to Bill Zander's letter.
How is criticism of Canada and B.C. fiscal policies backed up by references to bank bailouts and tax cuts that happened in the U.S.?
Wealthy people made more money than poor in the stock market since 2008.
Basic math would tell you that. But what of the gains that has created for working people in increased personal, company, and even government pension plans?
And by the way, those wealthy also lost the most in the 2008 crash, but who cares about that, right?
Our tax system may not be perfect but it does account for ability to pay or not. About 47 per cent of B.C.'s adult population pays no B.C. income tax at all. Meanwhile, the top 5% of earners earned 25% of all income but at least paid 45% of all taxes with it.
I would love to see evidence to back up the notions that an average worker's standard of living has declined in the last 30 years. Or that social program spending has declined.