I believe in wealth equality where those who are privileged to be wealthy contribute appropriately to those who are not. I also believe that the donations that are being made by the wealthy should be appropriately used and spent towards the greater goal of helping our ecosystem.
I envision a world where everyone wealthy does not have access to loopholes that allow them to evade taxes. There will be a significant reduction in the ultra-wealthy taking advantage of tax loopholes and I wish to see real changes being made with the donation that they do make.
I am supporting this pre-existing campaign called “Tax the Rich” by BroadBen Institute to instigate a tax reform, with 2 of their main focuses which consist of creating a wealth tax, specifically for the wealthiest top 1% of Canadians and closing tax loopholes to prevent the rich from participating from more big philanthropy as discussed in our class pre-class material.
I was surprised to learn that so many of the wealthy were participating in tax loopholes and wish that in addition more media attention is raised to expose those involved. By bringing more attention, this would also discourage others from also partaking in unjust activity. Additionally, with the donations currently being made by the rich, I hope to see a more transparent and public breakdown of the allocation of the funds, also through media exposure so more are aware of how big and prevalent this issue is.
To contribute to this intervention, I am signing their petition that is directed at the Federal Government by sending an email to my MP by bringing up those two above-mentioned points.