Taxing the wealthy to the hilt would make us all much better off
Taxing the wealthy to the hilt would make us all much better off
In Canada today, one person — media magnate David Thomson — possesses roughly CA$73 billion while more than 235,000 people are homeless. In Toronto alone, 187 homeless people died on the streets in 2022.
What can be done to address these kinds of disparities?
Though most people naturally dislike inequality, it’s often argued that raising taxes on the rich will do more harm than good by damaging incentives and investment, thereby slowing economic growth and ultimately hurting us all.
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