But so too is the policy unlikely to have a huge impact on curbing the $15.3-billion deficit, one of the stated goals of the new tax, according to the premier.
Will the 'tax the rich' plan scare them away? - Canada - CBC News - 0 views
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Kevin Milligan, a University of British Columbia economics professor
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A number of politicians have recently been championing the cause of taxing the rich
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Politics - The Globe and Mail - 0 views
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NDP leadership hopeful Nathan Cullen wants wealthy Canadians and corporations — particularly oil and gas companies — to pay more taxes.The British Columbia MP is proposing to create a new tax bracket for individuals earning $300,000 or more.And he's calling for a new corporate tax rate of 25 per cent for oil and gas companies.
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reverse recent corporate tax cuts, raising the tax rate to 20 per cent from the current 15 per cent
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need to raise revenue and promoting a healthy climate for business
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