June 20, 2019
Proponents of an annual wealth tax in Canada and abroad are giving a flawed idea new life, according to a report from the C.D. Howe Institute. In “Over the Top: Why an Annual Wealth Tax for Canada is Unnecessary,” authors Robin Boadway and Pierre Pestieau note the rising calls for a national wealth tax – from economist Thomas Piketty, to US Senator Elizabeth Warren, to Canada’s federal NDP – and assess whether it is a good idea for Canada – or not.