Patriotic Millionaires Canada
banner
patmillscanada.bsky.social
Patriotic Millionaires Canada
@patmillscanada.bsky.social
Wealthy Canadians who believe in taxing the rich to fight extreme wealth inequality.
No❤️
October 9, 2025 at 2:16 PM
Right now, while Canadians who actually work for a living are paying taxes on 100% of their paycheck, rich Canadians who make their money via a few clicks in their brokerage account are only paying taxes on half the profits. That has to change.
October 9, 2025 at 2:16 PM
We would never deny that big things are hard to do!

But the alternative is a country where working Canadians dutifully pay their taxes and the uber-rich don't.

That's just not the kind of country we want to live in, and most people agree (about 80% of them in fact)
abacusdata.ca/wealth-tax-c...
Wealth tax? Canadians like the idea. - Abacus Data
%
abacusdata.ca
October 9, 2025 at 2:16 PM
It’s true, some wealth taxes have been tried and abandoned. Sometimes due to legitimate challenges, and sometimes due to billionaire funded lobbying and political campaigns to undermine them.
October 9, 2025 at 2:16 PM
Terence actually makes this point for us not one paragraph later! But pardon us if we’re not holding our breath for the benevolence of billionaires.
October 9, 2025 at 2:16 PM
That means universal requirements and standardized systems that allow governments to collect revenue predictably and fairly.

What Terence is describing is philanthropy via the CRA.
@patmillscanada.bsky.social organize to fix a broken system, not to do philanthropy.
October 9, 2025 at 2:16 PM
Sending money voluntarily does not solve the problem! Taxes should require those who have profited the most from investments in education, infrastructure, healthcare, etc. to reinvest back into the economy and ensure those services stay well funded.
October 9, 2025 at 2:16 PM