Canada

Corporate taxes used to cover over 30% of government revenue, it's 10% now. The top marginal income tax rate peaked in the 1960s at somewhere around 80% on income exceeding ~3M/year (today's money). We've had 4 decades of tax cuts while the cost of delivering services has increased more or less with the inflation rate. Private equity funds now have favourable tax treatment, and stock buybacks, previously considered illegal stock manipulation is a common practice. And so on and so forth.

If you want what you had, you have to do what you did.

Ooh, I know this! Is it capitalism?

It's capitalism.

Conservative provincial policy happened.

Holy shit, when fucking Bloomberg says that neoliberalism is the problem, you know it's bad.

The biggest things that happened are media hubris and corporate consolidation. Secondary things are population increase and offshore investment.

But spending cuts in the 1980s and 1990s, along with a move to put more responsibility for economic and social well-being on the shoulders of individuals, caused low-income Canadians to fall further behind, the report says.

So neoliberalism. Neoliberalism happened.

Who could've guessed.

Our southern neighbour has a huge lobbying campaign to turn our system in a private health care system.

It's not that they are actively working towards this that is the problem .... it's equally problematic that we citizens are more than willing to just wander around like zombies and let it all happen.

What happened is neoliberalism.

I grew up being told about how amazing and great Canada is. I'm grown now, where is this great Canada? As I've grown I've seen what Canada did to my fellow native blooded people, wages are pathetic, housing is a disaster, food prices are a joke, healthcare is covering less and less, our government only cares about foreign citizens and not their own.

Where is the greatness of Canada? Cause I sure as fuck can't see it