Expensive and ineffective loopholes have made Canada’s tax system more complicated and less fair.
Conservative leader Andrew Scheer promised this week to revive three failed tax credits from former Prime Minister Stephen Harper’s heydays.
Governments around the world lose over US$600 billion in tax revenues every year from international corporate tax dodging – and many billions more from use of tax havens by wealthy individuals.
With the federal election officially called, Canadians for Tax Fairness this week launched its campaign for progressive tax policies.
OTTAWA- With the federal election called, Canadians for Tax Fairness is counting down the top five tax fairness measures we want to see promoted in the parties’ platforms.
They’re expensive, ineffective and unfair. Closing Canada’s regressive tax loopholes should be the top priority for tax reform.
Canadians can weigh in on the government’s proposed changes to one of the most egregious and expensive tax loopholes – the stock option deduction.