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submitted 1 year ago by Grappling7155@lemmy.ca to c/toronto@lemmy.ca

By Lucas Powers · CBC News

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[-] MarkG_108@lemmy.ca 1 points 1 year ago

You're suggesting a municipal income tax? I doubt that would come to fruition. Again, there is a rebate for those in lower incomes, which I believe addresses your initial concern.

[-] pwnna@lemmy.ca 1 points 1 year ago

Not sure how you got to that conclusion. I said wealth, not income. Wealth inequality is not the same as income inequality and taxing incoming doesn't fix wealth inequality. Neither does taxing consumption, as most people tend to horde their wealth in some sort of asset.

this post was submitted on 18 Aug 2023
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