SOCI-102 Lecture Notes - Lecture 9: Dementia, Cardiovascular Disease, Tax Bracket
Document Summary
Cuts to welfare payments, including ei, veterans, disability, harder to both apply and. Unspent surplus from cutting services was put into paying off national deficit and debt. Progressive taxes: people pay based on income higher income pays higher percent, Growing crisis in hospital wait times, overcrowded hospitals and lack of repairs. Education: underfunding school, public school in theory as free but actually has many. Issues of taxation: to offset debt and deficit neoliberals will institute austerity measures, in addition to tax cuts. Tax cuts have shifted the tax burden to the poor. Uneven benefits and costs: the theory is based on belief in trickle down effects. By distributing benefits to those at the top, the benefits will trickle down to lower strata. Taxes cost the poor and low middle class more than upper class and corporation. The poor pay higher effective tax rates: they pay higher percent of their income/worth; the rich pay very little.
