The top 10% of Canadian income earners pay %0% of all income tax. The "rich"already pay. They are also pretty mobile. Mr Topp represents a clear choice for working Canadians. High taxes are bad for the economy and bad for Canada.
OTTAWA - Brian Topp is boldly going where most Canadian politicians fear to tread: promising to make the wealthy pay more in taxes.
The perceived frontrunner in the NDP leadership race wants his party to make higher income taxes for high-income earners a key plank in its next election campaign platform.
He told The Canadian Press he intends to unveil a detailed proposal in the weeks to come.
"I will be talking about income taxes and I think it's time for our party to step up to that plate and to be pretty clear about that because then we'll have a mandate to act if we're elected," Topp said in a wide-ranging interview.
He also called for a hike in corporate taxes and did not rule out a sales tax increase "at some point," once the fragile economy is on surer footing.
Calling for higher corporate taxes is a staple of NDP election platforms and is relatively safe ground politically. Even the Liberals, during last spring's federal campaign, promised to roll back a 1.5-percentage point reduction in the corporate tax rate, which took effect last Jan. 1, and to defer another 1.5-point reduction planned for next year.
But it's been decades since any Canadian politician dared talk about raising income taxes. Indeed, since the 1990s, taxes have been steadily reduced and parties have competed for the title of biggest tax slasher.
A good response from HM Minister of Finance.