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Time for a tax system that delivers on equality and climate action

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A chart showing Since 1990, Canada’s emissions have decreased by an average of 3.1 tonnes per person, but not equally. While the bottom 90% reduced their emissions by 4 tonnes per person, the top 1% increased their emissions by 34 tonnes per person.

The biggest contributors to climate change have benefitted from a tax system that has allowed environmental costs to be downloaded and wealth to be concentrated at the top.

Fossil fuel corporations have increased profits and economic power – in great part by taking advantage of tax measures that have cost the public and the planet.

To achieve a just transition where benefits of the green economy are shared fairly, public investment must lead the way. Our report proposes more than a dozen tax and policy solutions to help the federal government get there.

The tax system can play a much larger role in bringing Canada closer to its climate goals while avoiding the same mistakes that exacerbated inequality. 

 

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