News Snapshot:
Flat effect Re “Not that that kind of tax reform” (Letters, June 25): A letter-writer states that if Canada’s wealth was equitably distributed, we would still have one of the highest living standards ever. History and experience would beg to differ. Nations that flatten wealth distribution by taxation or other means have produced lower overall standards of living. Think about the Soviet Union versus the United States. Wealth-flattening nations tend to hold or attract those who seek to contribute less and receive more, while driving away those who strive to contribute more and receive more. There is a great expression...