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These Canadian millionaires are asking for tax increases — but just for themselves
CBC News ^ | May 11, 2025 | Anis Heydari

Posted on 05/12/2025 4:20:46 PM PDT by jerod

Patriotic Millionaires lobby group wants higher taxes on the rich, but critics say it could drive away wealth

A group of wealthy Canadians calling themselves "Patriotic Millionaires" is banding together to lobby governments to increase the amount of taxes they must pay, with a campaign patterned after similar movements in the United States and United Kingdom.

But there is already pushback on the concept — even before the group officially launches in Canada — with the opposing view being that higher taxes would drive entrepreneurship away from this country.

Speaking exclusively to CBC News in advance of the group's Canadian launch, members of the Patriotic Millionaires say their organization is looking for broad changes to wealth taxes and capital gains in this country.

The group says it believes lower-income citizens often pay tax on much of their income, while wealthier investors can leverage dividends, investments and capital gains to change what they pay and how.

"Patriotic Millionaires, which started in the U.S., rapidly realized that this is an international issue," said Claire Trottier, chair of the Canadian branch, in addition to her work as a businesswoman, investor and philanthropist in Montreal.

"Every country should be taking a look at the way that they design their tax system to try to ensure greater fairness across the system."...


TOPICS: Business/Economy; Canada; Foreign Affairs; News/Current Events
KEYWORDS:

There is nothing stopping any of these woke, wealthy, liberal, lunatics from paying additional taxes... If you want to pay more, no revenue agency will refuse your additional taxes... Feel free to prove that you're not full of it.

1 posted on 05/12/2025 4:20:46 PM PDT by jerod
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To: jerod

Isn’t this more commonly called virtue signaling?


2 posted on 05/12/2025 4:27:30 PM PDT by Mark17 (Retired USAF air traffic controller. Father of USAF ISR pilot. Both bitten by the aviation bug)
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To: jerod

Yep, just write the checks. You can take pics and show it on tick tock if you need to virtue signal.


3 posted on 05/12/2025 4:31:38 PM PDT by SteelPSUGOP (UGHT)
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To: jerod
They must all be....

4 posted on 05/12/2025 4:39:42 PM PDT by Waverunner
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To: jerod

In Canada, they may not have the same ability we do here.


5 posted on 05/12/2025 4:50:12 PM PDT by napscoordinator (DeSantis is a beast! Florida is the freest state in the country! )
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To: jerod

yep, they can always pay more or simply donate as much as they like.

I hate rich liberals who claim every tax break and then complain about not paying enough taxes!


6 posted on 05/12/2025 5:00:10 PM PDT by TexasFreeper2009
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To: jerod

They’re full of it.


7 posted on 05/12/2025 5:40:48 PM PDT by abbastanza (Oh boy. Can't wait. Go nuts kids. )
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To: jerod
A group of wealthy Canadians calling themselves "Patriotic Millionaires" is banding together to lobby governments to increase the amount of taxes they must pay, with a campaign patterned after similar movements in the United States and United Kingdom.

At ANY point they can write a check to their government for what ever reason they choose.

8 posted on 05/12/2025 6:14:18 PM PDT by Harmless Teddy Bear ( Not my circus. Not my monkeys. But I can pick out the clowns at 100 yards.)
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To: Harmless Teddy Bear

https://patrioticmillionaires.org/


9 posted on 05/12/2025 6:20:10 PM PDT by PeterPrinciple (Thinking Caps are no longer being issued, but there must be a warehouse full of them somewhere)
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To: jerod

Wait... won’t CRA just return it as a refund. It’s your tax bracket (minus deductions) determines what taxes you pay?


10 posted on 05/12/2025 7:19:17 PM PDT by existentially_kuffer
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To: jerod

Why can’t they just give the government any amount of their money that they want to?

Governor Huckabee gave rich Arkansasians the opportunity to do that and none of them stepped up.


11 posted on 05/12/2025 8:05:14 PM PDT by fella ("As it was before Noah so shall it be again," )
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To: jerod

Why can’t they just give the government any amount of their money that they want to?

Governor Huckabee gave rich Arkansasians the opportunity to do that and none of them stepped up.


12 posted on 05/12/2025 8:05:46 PM PDT by fella ("As it was before Noah so shall it be again," )
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To: Mark17

“Isn’t this more commonly called virtue signaling? “

umm, no. It is more commonly called communism.


13 posted on 05/12/2025 8:36:16 PM PDT by A strike (ICE ICE baby !)
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To: A strike
umm, no. It is more commonly called communism.

That would have been my next selection. 😜

14 posted on 05/13/2025 9:47:13 AM PDT by Mark17 (Retired USAF air traffic controller. Father of USAF ISR pilot. Both bitten by the aviation bug)
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