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| April 23, 2014
Columnists

Are CEOs panicking over a new style of tax rage brewing?

Photo: imacgyv0r/flickr

It's rare that members of Canada's financial elite are so clumsy in revealing that their cage has been rattled.

Seemingly out of the blue this week, the head honchos of Canada's biggest companies, the Canadian Council of Chief Executives, put out a media release insisting that their taxes are not too low.

This defensive posture -- who mentioned murder? -- reveals they fear others may be slowly catching on to the massive transfer of wealth to the richest Canadians that's been going on for the past 14 years due to the systematic cutting of corporate tax rates.

Photo: Chris Campbell/flickr
| March 27, 2014
  Figure 1. Labour share of income in Canada, total employment and private secto
| March 5, 2014
Columnists

A number is never just a number: Tax cuts 101

Image: Jared Rodriguez / t r u t h o u t

70 years

The last time Canadian federal tax revenues have been this low (as a share of the economy). (Source)

29%

Top federal personal income tax rate for anyone earning from $136,270 to you name it. In 1981, the rate for anyone earning $119,000 or more (1981 dollars) was 43 per cent. (Source)

$2.5 billion

Photo: ptooey/flickr
| February 27, 2014
| February 24, 2014
Photo: Andreas Metz/flickr
| January 16, 2014
Photo: VJ Beauchamp/flickr
| January 9, 2014
Columnists

Closing the income divide: The time has come to limit CEO over-compensation

Image: Voxphoto/flickr

Balsillie, Stronach, Desmarais, Thomson, Asper. Do these names sound familiar?

Indeed, they are the names of some of Canada's most successful business executives. It is undoubtedly true that their companies are vital to the Canadian economy. Together they are employing hundred of thousands of Canadians and competing with other companies internationally.

But what about their compensation? What about their responsibilities to make Canada a more "ethical businessplace"? What about their contributions to a less divided Canada where the rich are getting richer and the middle-class is losing its share of the economic pie?

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