NDP has done us a favour by putting wealth tax issue on the national agenda

At a time when a growing share of national income has been going to owners of capital and a declining share to labour, it is clearly time to open up the whole question of fairly taxing capital and capital income.

New Democratic Party leader Jagmeet Singh, pictured on Sept. 12, 2019, at the Maclean's CityTV leaders' debate in Toronto. Mr. Singh is already talking about how an NDP government would spend nearly $70-billion over the coming decade from his 'super wealth tax,' an annual one per cent tax on net wealth above $20-million held by Canadian economic families.The Hill Times photograph by Andrew Meade

Opinion

BY DAVID CRANE

September 23, 2019

TORONTO—NDP Leader Jagmeet Singh is already talking about how an NDP government would spend nearly $70-billion over the coming decade from his “super wealth tax," an annual one per cent tax on net wealth above $20-million held by Canadian economic families. The roughly $70-billion estimate comes...

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