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.
The Canadian tax system is riddled with loopholes. Getting rid of them is essential to achieving tax fairness and a system that works for all of us. Take a minute to send this email to Ottawa. Tell the Prime Minister, Finance Minister and your MP that you expect them to stand up for tax fairness and that they can start with a good clean sweeping out in the loophole department.
C’est l’occasion pour nous de rappeler ses promesses à Justin Trudeau. Rappelons-lui qu’en reniant ainsi sa parole, il nous coûte des milliards. D’un côté, il préserve les échappatoires pour les riches; de l’autre, il dit que nous ne pouvons pas nous permettre un régime d’assurance médicament, un programme de garderie et nombre d’autres projets qui pourraient vitaliser le pays. C’est simplement inacceptable.
En faisant le choix regrettable de céder aux pressions de Bay Street et de conserver ces avantages fiscaux dans le dernier budget, il a laissé la population en plan.
Nous avons besoin de votre aide pour nous assurer que l’équité en matière fiscale sera un thème clé de la prochaine élection fédérale.
Envoyez un courriel aux chefs de parti pour leur demander de s’engager à adopter des politiques fiscales équitables dans leur programme électoral.
Les recettes fédérales en proportion de l’économie nationale sont tombées à leur plus bas niveau en plus de 70 ans. En tout, 50 milliards de dollars ont été retranchés du budget fédéral depuis 2000.
We need your help to make sure tax fairness is a key issue in the upcoming federal election.
Send an email to party leaders asking them to commit to tax fairness policies in their election platforms.
Federal revenue as a share of the national economy has fallen to the lowest level in over 70 years. $50 billion has been cut from the federal budget since the year 2000.
Are you fed up with a lopsided tax system that benefits the really rich? Don't buy the line that we can't afford quality social programs? We know there is another option.
I worked with the folks at the Alternative Federal Budget to come up with a plan for the rest of us.
Take a look at the Alternative Federal Budget 2015. And in particular, the Tax Chapter of the 2015 AFB. I think you will be inspired. It is financially sound, grounded in compassion and designed to boost employment.
Childcare, seniors care, education and roads. These things cost provinces a lot of money. Twice a year provincial premiers get together to talk serious issues - but why are they letting billions slip through their fingers because of tax loopholes and havens? It is bad fiscal management.
Corporate tax avoidance is a global epidemic. And it isn’t just Google, Burger King and Amazon who are gaming the system to pay little or no tax anywhere. Canadian companies such as Cameco and Gildan do it too.
Canada has the lowest corporate tax rate in the G7. But that’s not good enough for many top companies. They continue to shift profits offshore in order to pay even less tax. A popular practice is selling a patent to an offshore subsidiary and then charging itself licensing fees for the use of that same patent.
Warning! The contents of this fact sheet may shock you.
The Stock Option Loophole has been wreaking havoc on tax fairness for more than 20 years. And it costs the rest of us billions. Check it out.