The Billionaire Loophole: Canada's Tax System and Inequality
Canada's tax system is criticized for fueling inequality as the top one percent hide billions in offshore tax havens.
A group called "Patriotic Millionaires Canada" has signed an open letter to Finance Minister François-Philippe Champagne, asking for policies to reduce income inequality.
Our current level of wealth inequality is threatening the stability of our economy and democracy, and is partially the result of a failure to tax extreme wealth.
- The group consists of dozens of wealthy Canadians, including a former member of the Canadian Parliament.
- They advocate for effective taxation of the rich to address income inequality.
Author's summary: Canada's tax system fuels inequality.