Opinion
Taxing wealth inequality key piece of Canada’s economic recovery
By Erika Beauchesne October 12, 2020
While the wealthy will find ways to dodge new taxes, that should only encourage government to crack down on tax havens and tighten tax loopholes for the rich, which drain billions in government revenues each year.
Prime Minister Justin Trudeau's Throne Speech featured a pledge to 'identify' more ways to tax extreme wealth. The Hill Times photograph by Andrew Meade
Canada’s minority Parliament has outlined major goals, from reforming the EI system for the 21st century to establishing a national child-care program. While some critics have called the plans reckless and excessive, the Liberals can afford these investments if they follow through on a key promise in the Throne Speech: to tax extreme wealth inequality.
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