Is it even possible to change corporate culture or at least engage in a little behaviour modification? Do we -- that is the government -- have to treat our (ridiculously over-compensated) CEOs as adolescents to get them to deliver? After all, we have given them literally everything they have asked for, starting with the original free trade deal with the U.S., deliberately suppressed wages, a shredded safety net, and the gutting of regulations. None of it had any impact -- their performance has been getting worse for almost two decades. So what does Stephen Harper do? He rewards corporate ineptness and irresponsibility by providing one of the lowest corporate tax rates in the 34-nation OECD. It doesnt matter that all this free money just goes into the cash reserves of the countrys largest companies) now totalling over $600 billion). Why? Because Stephen Harper doesnt actually care if they invest in anything. The point of his tax cuts was never to stimulate investment -- it was to jettison government revenue in aid of dismantling the activist state and making it impossible for future governments to act. The only sector Harper even thinks about is oil and gas. (more in link) D
Posted on: Tue, 02 Dec 2014 02:34:26 +0000
Trending Topics
Recently Viewed Topics
© 2015