Why aren’t we doing more to prevent rich people and corporations from hiding their money to avoid paying taxes while people in N.L. and elsewhere suffer in the name of ‘necessary’ austerity?
“Not so,” says the Canada Revenue Agency
The province has a looming baby boomer retirement problem, crumbling municipal infrastructure, and a lack of capacity at the municipal level to deal with all this. Restructuring tax collection could help immensely.
Five years ago, the Flaherty-Harper government introduced income splitting for pensions. Designed to benefit only higher income earners, in 2009, 84% of the people who benefited were men.
What does the feel-good ad about taxes tell us?