tag:blogger.com,1999:blog-35117130.post8424790156032128995..comments2024-03-28T10:07:24.955-04:00Comments on Northern Reflections: Time For A Wealth TaxOwen Grayhttp://www.blogger.com/profile/06464860078574618579noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-35117130.post-11715706199308177902021-04-14T10:51:50.016-04:002021-04-14T10:51:50.016-04:00Point well taken, Cap. Any tax is only as could as...Point well taken, Cap. Any tax is only as could as its enforcement mechanism.Owen Grayhttps://www.blogger.com/profile/06464860078574618579noreply@blogger.comtag:blogger.com,1999:blog-35117130.post-38183348666030242802021-04-14T10:50:16.368-04:002021-04-14T10:50:16.368-04:00I suspect that's exactly what will happen, Lor...I suspect that's exactly what will happen, Lorne. The wealthy know how to buy governments -- and governments know how to be bought.Owen Grayhttps://www.blogger.com/profile/06464860078574618579noreply@blogger.comtag:blogger.com,1999:blog-35117130.post-41940154230752336232021-04-14T10:38:59.338-04:002021-04-14T10:38:59.338-04:00Enforcement is what's needed. As McQuaig point...Enforcement is what's needed. As McQuaig points out, "Stopping tax evasion is simply a matter of political choice." <br /><br />Following the release of the Panama Papers, other countries recovered far more tax owing than did Canada and, unlike Canada, sent scofflaws to prison. None of the people that used KPMG's Isle of Man tax scheme were criminally charged and neither was anyone at KPMG. KPMG was protected so the government could continue to outsource work to them. <br /><br />These are all political choices. And until politicians choose to enforce the Income Tax Act against the wealthy, a wealth tax will just be window dressing.<br /><br />CapAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-35117130.post-22205804962080807872021-04-14T10:36:04.211-04:002021-04-14T10:36:04.211-04:00Such a measure is long overdue, Owen, but I have l...Such a measure is long overdue, Owen, but I have little doubt the Liberals will find reasons not to proceed with such a measure against their many wealthy supporters.Lornehttps://politicsanditsdiscontents.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-35117130.post-44308626102701656272021-04-14T09:36:36.451-04:002021-04-14T09:36:36.451-04:00And Biden knows something about government, PoV. T...And Biden knows something about government, PoV. The former guy knew nothing -- period.Owen Grayhttps://www.blogger.com/profile/06464860078574618579noreply@blogger.comtag:blogger.com,1999:blog-35117130.post-90620929790885265742021-04-14T09:34:35.256-04:002021-04-14T09:34:35.256-04:00"Biden has offered a “Made In America” tax pl..."Biden has offered a “Made In America” tax plan that includes hiking the corporate tax rate to 28% and removing incentives for corporations to send factories and profits offshore. "<br /><br />this is a good first step.<br />finally there is an adult in charge in the US<br />Northern PoVhttps://www.blogger.com/profile/04670080478290108536noreply@blogger.com