Yes, the ultra rich have all the money and taxing them will raise lots of money, while not changing their quality of life in any significant way.
Now do it and make life better for millions of Canadians.
jonlmbs on
That is way less money than I expected. Would barely put a dent in the deficits we are running. Wouldn’t even cover half of the current yearly cost we spend on just servicing our federal government debt.
Long term its hard to see us not ending up in an untenable debt situation like the US. We’re going to have to tax the wealthy and heavily reduce spending to not end up in a debt spiral.
Critical_Rule6663 on
I’m in favour of a wealth tax but I don’t know how we could implement it without the ultra rich just moving their money out of Canada. But I’m not a tax person so maybe someone more knowledgeable can explain it.
Leave A Reply
Du musst angemeldet sein, um einen Kommentar abzugeben.
3 Kommentare
Yes, the ultra rich have all the money and taxing them will raise lots of money, while not changing their quality of life in any significant way.
Now do it and make life better for millions of Canadians.
That is way less money than I expected. Would barely put a dent in the deficits we are running. Wouldn’t even cover half of the current yearly cost we spend on just servicing our federal government debt.
Long term its hard to see us not ending up in an untenable debt situation like the US. We’re going to have to tax the wealthy and heavily reduce spending to not end up in a debt spiral.
I’m in favour of a wealth tax but I don’t know how we could implement it without the ultra rich just moving their money out of Canada. But I’m not a tax person so maybe someone more knowledgeable can explain it.