Editor:
No wonder capitalism is getting a bad rap as an economic system ensuring the rich get richer and the poor get poorer. In Canada, it is legal to evade taxes, if you are rich and have your money in an offshore tax haven. The Canadian Revenue Agency has all the information it needs to add up the amount of these evasions and tell Canadians what is the total of lost revenue, conservatively estimated to be $6 billion.
Our federal government is complicit in this unfair system of taxation. Political leaders and so-called pillars of Canadian society, and business, past and present, have and are still availing themselves of offshore tax havens and denying Canada of the taxes everyone else is required to pay in this country.
Chretien, Martin, Trudeau all benefit personally from these havens. Some Canadian companies where ordinary people spend their hard-earned money are betraying our trust.
So, Bill C 362, a bill that would amend the Income Tax Act to stop the tax evasion, is not being supported by the Trudeau government. One must ask why a prime minister who ran on providing “a level playing field” for all Canadians, would not want to support this bill? Just who is he protecting – his friends, or Canadians?
In Canada we have serious, if not deadly problems. Homelessness, the drug death epidemic, lack of safe drinking water, deteriorating environment, poverty, lack of equal access to housing, medical and educational opportunities.
I am very willing as a Canadian citizen and retired teacher to pay my fair share of taxes I pay on my pension. It makes me mad as hell that extremely wealthy people in high places get off scot-free from paying theirs.
Gale Tyler, Halfmoon Bay
