Let people keep more of their earnings

People having a bit of money to spend and the dignity of independence is good for the economy.

Re: The state rescues your retirement (Tom Fletcher, Sept. 14)

Should the state help retirees? Tom Fletcher doesn’t think so.

Yet most people walk away with less than 50 cents from every dollar earned… taxes, MSP premiums, B.C. Hydro, ICBC, gas tax, etc.

Why can’t they support themselves, Fletcher wonders. He hasn’t noticed that most people can’t afford RRSPs or TFSAs. Household debt is at record levels.

Fletcher’s sneering derision of unions, the “working poor” and teachers is typical of the entrenched Conservative sense of entitlement that sees one quality of life for the corporate/ political elite and a much poorer life for the masses and working poor.

To support his scorn, Fletcher quotes the Canadian Federation of Independent Business who scream, “The sky is falling” at every suggestion of an increase in the minimum wage or wages in general. Then, of course, he quotes the Fraser Institute, the right-wing “think tank” that is bankrolled by big business including the notorious oil billionaires, the Koch brothers who want no minimum wage.

What would the cost be of millions of retirees not being able to feed, clothe and house themselves? People having a bit of money to spend and the dignity of independence is good for the economy.

Limit corporate welfare and rein in handouts of tax dollars to insiders. Let people keep more of their earnings.

 

Ted Roberts, Sooke

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