For immediate release – Toronto, May 1, 2014
Doctors for Fair Taxation urge all parties to support reasonable, necessary tax hikes on high income earners included in 2014 Budget
Doctors for Fair Taxation welcomes the provincial government’s proposed tax increase on Ontarians earning more than $150,000 in personal income and will be encouraging both opposition parties to support this measure.
A previous, modest tax increase in 2012 on personal incomes over $500,000 was a success, raising over $300 million in new revenue for the province to support small improvements to social assistance. The sky did not fall as some opponents would have had us believe would happen. Talent and capital did not flee Ontario.
In the 2013 fall economic statement, Minister of Finance Charles Sousa indicated the province was now shifting away from the failed austerity agenda. Premier Wynne herself has spoken of wanting to build a fair society. However, it will be impossible to build this fair society in Ontario – where currently one in seven children go hungry – without pursuing a taxation system that is fair and reasonable. Less equal societies are less healthy societies; as physicians and higher income earners we recognize that only a greater sharing of the wealth will address both concerns.
There is wide popular support for a return to more progressive taxation. Twenty years of substantial tax cuts have disproportionally benefitted wealthy citizens and corporations while contributing to growing income inequality. Ontario’s golden years from 1945 until the 1970s were partially fueled by higher taxes paid by high earners. Fair taxation and social justice don’t preclude economic prosperity. They promote it.
The tax measures included in the 2014 Ontario Budget represent a tremendous opportunity to move toward fairer taxation, and provide needed revenues for programs to reduce poverty and foster healthy communities. We call on all MPPs to recognize the evidence and support these measures. We also call on all MPPs to establish an all-party select committee to review other options for fairer taxation. Our message remains clear: Tax us! Ontario is worth it.
We are a group of doctors who believe unfair taxation has contributed to growing economic inequality in Canada. Since 2012, we have been working in collaboration with other groups and Canadians to shift the public discourse on taxes, encourage governments to adopt reasonable tax increases on their wealthiest citizens, and to seriously study new revenue tools to help address income inequality. For more information please visit: www.doctorsforfairtaxation.ca.
For more information or to arrange an interview please contact:
Michael Rachlis MD
Interim Coordinator, Doctors for Fair Taxation
416-466-0093 / email@example.com
Principal, Empower Consulting
416-996-0767 / Chris_Holcroft@yahoo.com
Read our Op Ed in today’s Star.
Ontario physicians see the adverse health impacts of growing inequality in our patients and our communities. As the government grapples with its financial difficulties, we urge all political parties to spare the province’s poor, sick, and vulnerable residents. We think high earning Ontarians are prepared to pay higher taxes for a fairer society. We say to Premier Wynne and Finance Minister Sousa: Tax us, Ontario is worth it!
Let’s continue to move forward on tax fairness. D4FT presents to the Ontario Budget Committee June 7, 2012.
BBC News International has a story on the movement for fair taxes in Canada. Listen to it here.
This event will be of interest to anyone in the Toronto area concerned about income inequality. http://www.facebook.com/events/175733249212818/
This article provides some very good insight into the debate on fair taxation.
Toronto, April 23, 2012
A step forward on tax fairness
Statement by Doctors for Fair Taxation
Doctors for Fair Taxation is pleased the New Democratic Party and Liberal Party are acknowledging today that tax fairness should be part of the 2012 Ontario Budget. However, a short term surtax that is exclusively devoted to reducing the deficit does not address income inequality right now. An agreement appears to have been reached between the two parties that will direct all revenue from a two percent “surtax” for Ontarians making more than $500,000 per year towards deficit reduction. That surtax will expire once the deficit has been eliminated. While the parties also agree to a one percent increase in welfare payments, this is still less than the rate of inflation.
There is wide popular support for a return to more progressive taxation. Strong evidence demonstrates that 20 years of substantial tax cuts have disproportionally benefitted wealthy citizens and corporations while contributing to growing income inequality. In this context, the agreement for a surtax is exceptionally modest but further heightens the need for a much broader conversation on taxes in this province and this country.
We therefore reiterate our call for Ontario’s Standing Committee on Finance and Economic Affairs to investigate options for fair revenue generation – including increasing corporate tax rates – and bring forward proposals in time for the 2013 Ontario budget.
Other jurisdictions have proven that fair taxation goes along with economic prosperity and social justice. Our message to all provincial parties remains clear: Tax us! Ontario is worth it.
We are a group of doctors who believe unfair taxation has contributed to growing income inequality in Canada. We are working in collaboration with other groups and Canadians to shift the public discourse on taxes, encourage governments to adopt reasonable tax increases on their wealthiest citizens and to seriously study new revenue tools to help address income inequality. For more information please visit:
For more information or to arrange an interview please contact:
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Please continue to write, call or tweet your MPPs to let them know you support fair taxation!
McGuinty accedes to two NDP demands