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Toronto Sun: We Need to Raise Taxes

April 19th, 2010

Talk about sinking to new lows. The Toronto Sun today goes where they would have mocked ten years ago. In their lead editorial, Paul Berton argues tax increases are necessary and coming:

Whatever the reasons, leaders are afraid to say what they know to be true: Taxes must rise, or services must be cut. Either one — and more likely both — is as inevitable as the setting sun.

Berton, for those who don’t know, argued strenuously that we needed government to save us from the world burning up into fiery ball. He was literally one of those “the earth will be a burnt rock,” guys until six months ago.  It’s been a while since we’ve heard that nonsense from this fool, but apparently economics is still a subject Berton has a yet to prove how little he knows.


Here’s something to digest. One-third of every dollar earned, produced or extorted in this country, one-third of GDP, winds up in government coffers. That means every person, every business for every dollar they earn, they must produce approximately $1.40. That’s too much productivity being spent on non-productive activities.

The time has come for an extreme curtailing of what governments do, not an increase in what they cost. And if the Toronto Sun wants to be The Star lite, then the time has come for one less paper in Toronto.

Economic Fundamentalism, Newspapers , , ,