Inequality is not inevitable. It’s the product of specific political and economic decisions made over decades, decisions that can be corrected.
One glaring cause of inequality is the structure of the tax system itself. In many cases, richer Canadians pay a lower rate of tax on financial instruments such as stock options than middle-class and working Canadians do on their earned income. This is both blatantly unfair and deprives the federal government of much-needed revenue that could be spent on valuable social programs.
Read moire at Toronto Star