GCD: Canadians Should Stop Worrying About Income Inequality

By February 23, 2015March 18th, 2020No Comments
The next MLI Great Canadian Debate pits Frank Buckley against Chrystia Freeland on March 31, 2015 at the Canadian War Museum.

Everyone, it appears, is concerned about the middle class and income inequality. It seems a privileged few are making all the money, leaving the rest of us to fight over the scraps. Some would argue this will lead to social upheaval. They urge government to ensure that middle and lower income people share in a growing economy and put the brakes on skyrocketing incomes of the wealthy. Others argue that top earners are entitled to what they make and that their success is what drives the economy. They would also say that the fortunes of the middle class are better than advertised, and Canada’s progressive tax system is effective at sharing the wealth. Should we be worrying about income inequality? Plutocrats author Chrystia Freeland argues against the resolution. George Mason professor Frank Buckley argues in favour.