Dear John,
Some people are calling on Prime Minister Justin Trudeau to implement a wealth tax in Canada, and we want to hear your opinion.
Unlike an income tax where the government takes a percentage of the money you bring in every year, a wealth tax would be annually charged on the total value of assets you own over a certain threshold, including real estate, business shares, or financial assets such as pensions.
The Parliamentary Budget Officer has estimated a wealth tax will generate $5.6 billion annually. Prior to the pandemic, the federal deficit was $21.8 billion.
What do you think – should Canada implement a wealth tax? Please click the answer that best reflects your opinion:
1) YES
2) NO
3) NOT SURE
Thanks for taking a moment to answer our question. We really appreciate it!
- Jasmine, Todd, Shannon and the entire CTF team
P.S.: Now we have another way to get the message out: T-shirts! You can get great Canadian Taxpayers Federation merchandise on our secure website by clicking this LINK.
P.P.S.: Did you know we launched a podcast? If you’re looking for great Canadian content from an angle the mainstream media rarely covers, check out the Canadian Taxpayers Podcast wherever you get your podcasts, on our website, or on YouTube!
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