Cancelling Billionaires Before They Cancel Us The Urgent Case for a Wealth Tax | 3.37 MB
Title: Cancelling Billionaires Before They Cancel Us
Author: Linda McQuaig, Neil Brooks
Category: Business & Finance, Economics, Economic Conditions, Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy, Social Science
Language: English | 264 Pages | ISBN: 1459754832
Description:
A jarring portrait of a deeply unequal Canada and how a wealth tax could rein in the destructive power wielded by today’s billionaires.
As the ultra-wealthy siphon off an ever-larger share of the world’s wealth, they now dominate us to a degree unimaginable even a decade ago. With their voracious consumption, unbridled resource exploitation, and relentless obstruction of climate action, they are rapidly undermining democracy and destroying the very viability of the earth for human life.
Their staggering power and hoarding of wealth have prompted a number of G20 nations to consider imposing a wealth tax, aimed exclusively at the super-rich. In Canada, such a tax would apply only to those with wealth above $25 million. Yet it could collect $40 billion a year – funding public programs that could immensely improve the lives of millions of Canadians while clipping the wings of the super-rich.
Billionaires would threaten to depart. But as they left the…
A jarring portrait of a deeply unequal Canada and how a wealth tax could rein in the destructive power wielded by today’s billionaires.
As the ultra-wealthy siphon off an ever-larger share of the world’s wealth, they now dominate us to a degree unimaginable even a decade ago. With their voracious consumption, unbridled resource exploitation, and relentless obstruction of climate action, they are rapidly undermining democracy and destroying the very viability of the earth for human life.
Their staggering power and hoarding of wealth have prompted a number of G20 nations to consider imposing a wealth tax, aimed exclusively at the super-rich. In Canada, such a tax would apply only to those with wealth above $25 million. Yet it could collect $40 billion a year – funding public programs that could immensely improve the lives of millions of Canadians while clipping the wings of the super-rich.
Billionaires would threaten to depart. But as they left the…
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