|
Should there be a wealth tax on the very rich?
Wednesday, September 25th, 2019
One per cent of net worth is a very modest level of taxation. With a wealth tax at that level, the fewer than 10,000 Canadian families who would pay it wouldn’t be forced to change their lifestyles in any way. But Canada wide, the money raised could do a lot of good… [but] Wealth taxes… can trigger problematic responses… are an administrative nightmare. And they just plain don’t bring in as much revenue as their proponents hope.
Tags: budget, economy, ideology, standard of living, tax
Posted in Debates | No Comments »
Recent Comments