#StarExclusive: The NDP is expanding its definition of “super rich” to include thousands more Canadians who would be forced to pay the party’s proposed wealth tax, the Star has learned. torstar.co/eHzV50FPAGV
Jagmeet Singh will look to impose a 1-per-cent “wealth tax” on Canadian households with assets worth more than $10 million.
It’s in a bid to raise billions of dollars to pay for the expensive programs the party has championed under his leadership. thestar.com/politics/feder…
It’s in a bid to raise billions of dollars to pay for the expensive programs the party has championed under his leadership. thestar.com/politics/feder…
Until now, the NDP was calling for the special tax only for households worth more than $20 million.
The new promise is part of the New Democrats’ policy platform for the next federal election. thestar.com/politics/feder…
The new promise is part of the New Democrats’ policy platform for the next federal election. thestar.com/politics/feder…
The NDP is also reprising promises in the next election to increase the federal corporate income tax from the current 15-per-cent to 18 per cent, and to raise personal income taxes on people who make more than $210,000 per year. thestar.com/politics/feder…
A party official who spoke on condition they aren’t named said the NDP expects their expanded wealth tax to raise roughly $10 billion per year and impact 87,000 households in Canada. thestar.com/politics/feder… 
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