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 of wealthy Canadians, "Patriotic Millionaires Canada", has written an open letter to Finance Minister François-Philippe Champagne, urging him to implement policies to reduce income inequality by effectively taxing the rich.
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.
This call to action comes from a group that includes a former Canadian Parliament member and a current member of the one percent, who are well-positioned to speak on the issue.
Author's summary: Canada's tax system fuels inequality.
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