You are currently browsing the daily archive for August 21, 2017.

    The first rule of focus groups or research groups is quite simply this.  If you say yes to one, then you shall forever be on the call list of every research company that has ever existed.  And they do call quite often.  Extrapolating from the frequency that I receive offers, people who are willing to participate in studies and opinion groups are few and far between.

The call I received was from a company doing research on for the federal government of Canada.  I thought to myself, woo-whee, the Feds want to know my opinion?  How could I say no to that (well that and the included honourarium)?   We were not told the details of what the discussion was going to be about beforehand.  It turned out to be a rather mundane discussion on the tax system in Canada and what our opinions and thoughts were on it, along with other issues such as debt, sources of debt, and how well off we defined ourselves vis a vis other generations.

Fascinating (ish) stuff.  What tweaked my interest was my fellow attendee’s lack of knowledge about Canadian fiscal and tax policy.  Like the fact that Canada’s corporate tax rate is miserly 15%, among the lowest, if not the lowest in the G7.  People seemed genuinely surprised when I suggested that we should be raising that tax rate significantly and that in the past the tax rate had been significantly higher (around 40% in the 60’s) .

Similar experiences when mentioning terms like neo-liberal (a la Nafta and the TPP) economic policy and trickle-down economics.  None of the other people in my research cohort used terminology and concepts that named the economic features we were talking about.  There was a good deal of, “oh I agree with what he said,” but none articulated the theoretical features or aspects of the features we were talking about.

The notion of ‘progressive taxation’ seemed to throw a few of my peers for a slight loop, even thought the Canadian tax system is nominally progressive in nature.   I boggled inwardly at that, but we all got on the same page eventually when it came to nailing down the concept.

I’m worried though, I am by stretch of the imagination an economist or policy-wonk, but the amount of time spent getting people up to speed on basic economic features and concepts made me take pause.  I get the feeling that many people just don’t have the time or the inclination to get the basic facts necessary to have an informed opinion on key features of our tax system and economics in general.  Taxes affect everyone in society and not having a base level of knowledge about them and how government policy can change the way taxes work, seems like a glaring oversight in one’s life education.

Ignorance aside, 7 out of the 8 of us present agreed with the legalization of marijuana in Canada so the Feds will at least have positive affirmation that making pot legal makes most of us happy (representative samply-speaking).

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