Here’s your chance to remind Justin Trudeau of his promises to close the stock option tax loophole. Remind him that failure to keep his word is costing billions. He chose to keep this perk for wealthy CEOs while telling us we can’t afford Pharmacare, a childcare program or many of the other investments that would make Canada stronger. That’s just not right.
KPMG. SNC Lavalin. These are only a few of the companies that have been awarded lucrative supply contracts from our federal government. Trouble is, they, and many other companies have used tax havens right under the government's nose. And the current rules do nothing to stop them from geting those contracts. It is time to change the rules and tell companies that tax haven use disqualifies them from taxpayer money.
The tax system can be a powerful tool for redistributing wealth and reducing inequality and poverty. We all benefit (including the rich) from a more equal society with better population health, reduced crime, and better education. Recent research also now shows that lower inequality also means better employment opportunities and a more vigorous economy, again, from which we all benefit, rich or poor.