The Bloc Québécois platform recognizes that while the government ran colossal deficits during the pandemic, the wealthiest individuals got richer. And though the platform lacks details on specific measures, it proposes some good general fair tax policies.
The CPC released what it is calling “Canada’s Recovery Plan”. The document includes a number of tax measures. While the CPC uses the language of “tax fairness,” C4TF is concerned that the party continues to insist on the use of tax credits in lieu of more substantial measures.
In the 2021 Platform for Tax Fairness, Canadians for Tax Fairness advocates a series of policies that would bring over $90 billion dollars in revenue to the federal government, without increasing taxes on working or middle-class Canadians, allowing for increased investment in public services that yield high rates of economic and social return.
Review of a book outlining and quantifying numerous measures that would improve tax fairness in Canada, speaking to specific issues long-advocated by Canadians for Tax Fairness, and based on significant peer-reviewed research.
“I got a raise, but it put me in the next tax bracket, so I’m actually losing money!” Have you ever heard a variation of this claim? It is wrong. Being paid more will not result in lower take-home pay because you move into a higher tax bracket. This notion is based on a misunderstanding of how tax brackets work. ...
The NDP just released a document outlining their vision ahead of a widely anticipated federal election. ... Overall, we are glad to see tax fairness given attention by the NDP and we hope it inspires the other parties to follow suit.
Proponents of cutting the taxes of the rich commonly claim that it will encourage investment, leading to innovation, increased productivity, and jobs. There is effectively no evidence for these supposed benefits. Conversely, there is ample evidence that these cuts worsen inequality, which is associated with many social maladies.
Likeville Podcast host John Faithful Hamer in conversation with Darren Shore, Communications Coordinator for the advocacy group “Canadians for Tax Fairness,” about how the wealthy avoid paying their fair share, and what we can do to close the loopholes that make this possible.
Uber and Lyft legally avoid paying around $135 million per year in Canadian taxes, including around $81 million in avoided EI and CPP payroll taxes, and up to $54 million in avoided corporate taxes, based on 2019 figures.