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."...
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.
Isn’t this more commonly called virtue signaling?
Yep, just write the checks. You can take pics and show it on tick tock if you need to virtue signal.
In Canada, they may not have the same ability we do here.
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!
They’re full of it.
At ANY point they can write a check to their government for what ever reason they choose.
Wait... won’t CRA just return it as a refund. It’s your tax bracket (minus deductions) determines what taxes you pay?
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.
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.
“Isn’t this more commonly called virtue signaling? “
umm, no. It is more commonly called communism.
That would have been my next selection. 😜
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