this post was submitted on 02 Jul 2025
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[–] grte@lemmy.ca 1 points 1 day ago* (last edited 1 day ago) (1 children)

Okay, but Carney is not going to tax the ultra wealthy. His track record so far is cutting taxes, including one targeting the wealthy specifically. People talk about raising military spending without considering that that money is going to have to come at the expense of something else. We talk about the cost in terms of percentage of GDP because it makes a nice small non-scary percentage like 5%. But that represents just shy of a third of the national budget, over double what we just recently raised our spending to. That money is not going to come from new taxes on the wealthy, it's going to come from cuts to services. Health care being the meatiest place to make those cuts.

[–] Maeve@kbin.earth 3 points 1 day ago

I'm not disputing any of that. Don't follow the USA example anymore, is all I'm saying.