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  3. There are fountains of wealth being generated in this country.

There are fountains of wealth being generated in this country.

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canadacdnpolindp
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  • Avi LewisA This user is from outside of this forum
    Avi LewisA This user is from outside of this forum
    Avi Lewis
    wrote last edited by
    #1

    There are fountains of wealth being generated in this country. But that wealth isn't trickling down to working people. It’s all stuck at the top.

    Our 'Tax Plan for the 99%' takes on the corporate hoarding class – to redistribute wealth⁠ and raise the floor for all of us.

    Join us: https://lewisforleader.ca/

    #cdnpoli #ndp #canada

    Avi LewisA 1 Reply Last reply
    0
    • Avi LewisA Avi Lewis

      There are fountains of wealth being generated in this country. But that wealth isn't trickling down to working people. It’s all stuck at the top.

      Our 'Tax Plan for the 99%' takes on the corporate hoarding class – to redistribute wealth⁠ and raise the floor for all of us.

      Join us: https://lewisforleader.ca/

      #cdnpoli #ndp #canada

      Avi LewisA This user is from outside of this forum
      Avi LewisA This user is from outside of this forum
      Avi Lewis
      wrote last edited by
      #2

      Income inequality is at an all-time high in Canada.

      Meanwhile, CEO pay keeps climbing. The top 1% richest families control almost a quarter of the country’s wealth. And the six biggest banks raked in $70 billion in profits last year alone.

      It’s time to tilt the scales back towards the 99%.

      felixF 1 Reply Last reply
      0
      • Avi LewisA Avi Lewis

        Income inequality is at an all-time high in Canada.

        Meanwhile, CEO pay keeps climbing. The top 1% richest families control almost a quarter of the country’s wealth. And the six biggest banks raked in $70 billion in profits last year alone.

        It’s time to tilt the scales back towards the 99%.

        felixF This user is from outside of this forum
        felixF This user is from outside of this forum
        felix
        wrote last edited by
        #3

        @avilewis Thank you for proposing a wealth tax! Wealth inequality is now so large that income taxes alone are not enough to solve the problem. Billionaires have way too much power, because of their wealth.

        And 1% wealth can't be achieved through wages - even 1% wages! Extreme wealth isn't incentivising anything useful to society.

        Consider stating your wealth tax threshold in dollar terms, not just as "the 1%". Is it $5M? $10M? $100M? How many voters' aspirations will this affect?

        #cdnpoli

        RantingCanuckR 1 Reply Last reply
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        • felixF felix

          @avilewis Thank you for proposing a wealth tax! Wealth inequality is now so large that income taxes alone are not enough to solve the problem. Billionaires have way too much power, because of their wealth.

          And 1% wealth can't be achieved through wages - even 1% wages! Extreme wealth isn't incentivising anything useful to society.

          Consider stating your wealth tax threshold in dollar terms, not just as "the 1%". Is it $5M? $10M? $100M? How many voters' aspirations will this affect?

          #cdnpoli

          RantingCanuckR This user is from outside of this forum
          RantingCanuckR This user is from outside of this forum
          RantingCanuck
          wrote last edited by
          #4

          @felix @avilewis

          I agree that putting a number to it is a good idea otherwise just proposing a wealth tax will inevitably be used to fear monger amoung the working class that 'Avi's going to steal your hard earned savings!'

          For reference Statistics Canada table 36-10-0660-01 shows that the Highest wealth quintile had an average net worth of $12,047,197 in Q3 of 2025

          https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=3610066001&pickMembers%5B0%5D=1.1&pickMembers%5B1%5D=2.1&pickMembers%5B2%5D=3.57&cubeTimeFrame.startMonth=07&cubeTimeFrame.startYear=2025&cubeTimeFrame.endMonth=07&cubeTimeFrame.endYear=2025&referencePeriods=20250701%2C20250701

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