Tax the rich? It would be far better to improve the whole taxation system
“Tax the rich” has been a popular rallying cry for many people who feel victimized, entitled or have a weak understanding of how Canada and other countries tax their residents and redistribute income.The phrase has for decades been good politics for many left-leaning politicians and political parties who use it, or something similar, to capitalize on the above group of people for their votes. Such a phrase is intellectually lazy despite its political appeal.
Read the full Financial Post article here.