Harper continues to give to rapist corporations

In this morning’s news I see that Harper’s further tax cuts to corps makes the corp rate 15%. Nice eh, particularly when you think of the billions of dollars the corps are sitting on and not reinvesting in Canada (see article). Harper in the article below says corps are looking for “good opportunities” to invest this money. What utter bullshit, the corps are sitting on their cash until “opportunities” involving no environmental regulation, little or no labour protection and relaxed laws to allow them to stash more of their profits in foreign tax havens. In this time of flexible accumulation corps know that they do not have to invest in places like Canada where they are required to pay a living wage, have to promise not to use slave labour and give back to the country whose resources they rape. Check out how much money from New Brunswick the Irvings have stashed in the Caribbean due to all their sweet tax deals with successive gov’ts both provincial and federal. Meanwhile NB suffers through debt and a lack of employment causing its tax base to move away which in turn makes the economic disaster in NB worse for everyone, except the Irvings.

http://www.cbc.ca/news/canada/calgary/canadian-firms-sit-on-money-as-taxes-drop-again-1.1163244

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About flexosaurus

I am an anthropologist and Associate Professor who loves to play guitar and comment on social injustice in whatever form it may take
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