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.
Comments from people who have never had real exposure to the political system are useful as tits on a fish.
Being an MP or MLA is an absolute grind. Even more so now with myriad anonymous threats being levied at not only you but your family. They have some reimbursements, but inevitably end up spending some of that pay on expenses.
And for the most part, they aren’t rich.
Here is the list from Manitoba MPs:
Niki Ashton NDP university lecturer
James Bezan CPC Rancher, crop adjuster
Ben Carr Lib Teacher, consultant
Raquel Dancho CPC –
Terry Duguid Lib Non-profit organizer
Ted Falk CPC Construction company owner
Leah Gazan NDP Lecturer
Kevin Lamoureaux Lib ATC assistant & Military
Branden Leslie CPC –
Larry Maguire CPC Farmer, Lobbyist
Dan Mazier CPC Pres Keystone Agricultural Producers
Marty Morantz CPC Lawyer
Dan Vandal Lib Middleweight Boxer, Social worker
Bezan (CPC), Falk (CPC), Maguire (CPC), Mazier (CPC) and Morantz (CPC) are pretty well off. The rest are doing okay, but hardly rich.
Dancho (CPC) and Leslie (CPC) went from school right into politics.
A former MP that I new pretty well was a teacher and served on a small city council, an unpaid position in those days, before getting into federal, and then provincial politics. He was the hardest working person I knew.
He got calls at all hours as a federal MP regarding garbage pickup and street plowing FFS. Some constituents were completely clueless as to what level of government does what. He’d listen and try to direct them to the right people, and the only thing he got in return was abuse.