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this post was submitted on 04 Dec 2023
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How much reduction do you expect to see in your taxes by shutting down CBC? Of course I'd like to see them cut costs but having a public broadcaster for Canadians is worth the couple of dollars you'll save
At 1.3B$/year that would be an average of $34.21/year per Canadian if we round it out to 38M, but more realistically if we go with how many tax returns there were in 2023 (around 31.8M), that would be an average of $40.88/year per taxpayer.
At the current rate of inflation, that's like one meal for a family of four at McDonalds.
Does the CBC need to absolutely return a profit? Should hospitals be held to the same target of becoming profitable no matter what? It's a public service, it's our culture, we have great reporters who are keeping the government accountable by constantly digging. I'm not saying it should be careless financially and it needs to balance its budget so that it doesn't waste the taxpayers money, but to me that is the price of a healthy democracy.
And that's if you divide it homogeneously across all tax brackets, which you shouldn't, but it's good napkin math.