Billionaires’ Low Taxes Are Becoming a Problem for the Economy
Tax avoidance by the superwealthy is an economic issue as well as a political one.
This is just as relevant to Canada as the US:
Too much wealth flows to the top.
That wealth concentration is never taxed.
The economy becomes overly reliant on the spending of a narrow set of households.
We have to tax wealth for economic stability.
www.wsj.com/finance/bill...
19.02.2026 14:15 — 👍 2 🔁 2 💬 0 📌 0
Very good statement on the ways that extreme wealth/power concentration breeds depravity.
The story of the Epstein Files, and of our time.
16.02.2026 17:33 — 👍 258 🔁 95 💬 10 📌 4
Wealth Inequality
In the video posted here, expert panelists break down the structural causes of inequality and offer in-depth analysis of the forces driving this imbalance. This growing divide is not accidental—it …
Watch our Board Member Emma Davis speak with @silasxuereb.bsky.social from @c4tf.bsky.social and @1alexhemingway.bsky.social from @bcpolicy.bsky.social along with moderator @pmccut.bsky.social on what we can do about extreme wealth inequality!
canadawestforum.org/2026/02/04/f...
17.02.2026 14:36 — 👍 2 🔁 1 💬 0 📌 0
Our current tax code guarantees that the chasm between the uber rich and every one else will just keep growing (and keep growing faster).
When wealth and power get to top heavy, societies tend to collapse.
Effective taxes on extreme wealth are how we defend our economy and democracy.
12.02.2026 14:53 — 👍 7 🔁 4 💬 0 📌 0
Claire Trottier: De philanthrope à libraire, la femme qui a parié sur «Heated Rivalry»
Découvrez son parcours fascinant.
«Mon message est simple: «Taxez-moi!» Ça n’a aucun impact négatif sur ma qualité de vie, mais ça peut avoir un impact immense sur la société. Les données économiques sont très claires à ce sujet.» - @doctrott.bsky.social
www.7jours.ca/2026/02/05/c...
11.02.2026 19:41 — 👍 8 🔁 3 💬 0 📌 1
"The wealthiest 0.01% of Canadian families (1,685 families) hold an average of $448.5 million, 4,041x the average wealth of a family in the bottom 50%."
Check out this new report from @bcpolicy.bsky.social & @c4tf.bsky.social 👇
11.02.2026 16:59 — 👍 18 🔁 12 💬 0 📌 1
Register to see Pat moderate this webinar with an @patmillscanada.bsky.social Board member, and experts from @c4tf.bsky.social and @bcpolicy.bsky.social
02.02.2026 23:14 — 👍 2 🔁 1 💬 0 📌 0
We are proud to see our joint open letter "Time to Win" campaign making headlines in The Guardian.
Together with @patrioticmillionaires.org, @patmillscanada.bsky.social, @patmillsuk.bsky.social and @oxfaminternational.bsky.social
02.02.2026 04:51 — 👍 42 🔁 15 💬 1 📌 1
Extreme Wealth’s Threat to Democracy with Patriotic Millionaires Canada | Perspectives Journal
Dylan Dusseault of Patriotic Millionaires Canada explains why we need to tackle extreme wealth inequality in order to save democracy.
Even the rich agree: extreme wealth inequality is a threat to democracy.
New on the Perspectives Journal Podcast: Extreme Wealth’s Threat to Democracy with @dylandusseault.bsky.social of @patmillscanada.bsky.social
🎙️🔗⬇️
29.01.2026 18:22 — 👍 11 🔁 9 💬 1 📌 1
Enjoyed talking with @clementnocos.bsky.social for @patmillscanada.bsky.social about why cutting taxes is not the way to encourage investment or entrepreneurship, why even the wealthy want to tax the rich, and why billionaire wealth flight is an empty threat.
29.01.2026 16:41 — 👍 6 🔁 4 💬 0 📌 0
The work of @patrioticmillionaires.org directly challenges the almost-complete economic & societal takeover by the Billionaire class, and I'm honored that they've endorsed my new book #BurnedByBillionaires!
www.burnedbybillionaires.com
@patmillsuk.bsky.social @patmillscanada.bsky.social
27.01.2026 15:43 — 👍 14 🔁 6 💬 0 📌 0
Research shows that inequality = higher crime, worse public health, higher addiction, lower educational attainment, worse status anxiety, worse pollution and a host of other ills.
Read @georgemonbiot.bsky.social's column: www.theguardian.com/commentisfre...
#EconSky
23.01.2026 19:06 — 👍 10 🔁 6 💬 1 📌 1
So many of the big global problems addressed at Davos are symptoms of an ignored one: extreme and ever growing levels of wealth inequality.
Our tax code currently guarantees it will only grow (and grow faster).
But it can be a tool to constrain it, and fund the fixes to its trickle down impacts
22.01.2026 19:03 — 👍 3 🔁 2 💬 0 📌 0
A majority of millionaires say extreme wealth is a threat to democracy
According to a Patriotic Millionaires poll, 62% of high-net-worth individuals believe wealth concentration harms media, social progress, and democracy.
We had questions.
Are most wealthy people more like us than the tax whiners you see in the news?
Do they realize how dangerous wealth inequality is to democracy?
So we asked nearly 4,000 of them across every G20 country, and it turns out: yes!
www.fastcompany.com/91477850/mil...
21.01.2026 21:47 — 👍 7 🔁 3 💬 0 📌 0
📢📢📢📢📢📢📢📢📢📢📢📢📢📢
21.01.2026 17:54 — 👍 4 🔁 0 💬 0 📌 0
We polled millionaires across 20 countries, and the vast majority believe:
Governments should raise taxes on the super wealthy.
The wealthy buy political and electoral influence.
Believe extreme wealth is harmful to factual media and democracy.
static1.squarespace.com/static/69134...
21.01.2026 16:28 — 👍 6 🔁 3 💬 0 📌 0
We were so proud to help organize this signed by nearly 400 millionaires and billionaires in over 20 countries (including over 25 Canadians) demanding that world leaders at Davos get serious about taxing the rich to:
Save economies.
Save democracies.
Save our planet.
timetowin.world
21.01.2026 15:37 — 👍 5 🔁 2 💬 0 📌 0
"Taxes, taxes, taxes. All the rest is bullshit"
20.01.2026 19:35 — 👍 7 🔁 1 💬 0 📌 0
California wants to tax billionaires with a 5% wealth tax and the CEO of Nvidia, who would have to pay $8 billion on his $163 billion fortune, says it like it is:
that's perfectly fine! 🧵
07.01.2026 13:47 — 👍 212 🔁 87 💬 3 📌 6
Love the phrase 'gold-bar diplomacy'. It sums up the times we are in.
#taxtherich
02.12.2025 17:21 — 👍 2 🔁 1 💬 0 📌 0
Development coordinator @c4tf.bsky.social
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#TaxTheRich
Author, journalist. New book: What She Said: Conversations About Equality. Quill & Packet mysteries with Kate Hilton. Bury the Lead (2024); Widows and Orphans (2025) Linktree: https://linktr.ee/lizrenzetti
Author, journalist, supporter of the oppressed (& animals on factory farms), detractor of corporate shills posing as "populists."
Latest book: (with Neil Brooks) Cancelling Billionaires Before They Cancel Us: The Urgent Case for a Wealth Tax
Author, freelance journalist, socialist. Kryptonite to a certain type of man.
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Proud Canadian 🇨🇦🍁. Cloverdale, BC resident since 2001. Fighting for a more equitable and compassionate society. The climate crisis is real. End fossil fuel consumption now if we expect to leave a livable planet to future generations.
Hi y’all. Filmmaker/activist/opinionated bitch. I’m new here so can you gimme a follow? Americandreamdoc.com
🌱 CEO, Climate & Nature Solutions; Chair UN Net Zero.
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For more than 100 years, Canada's most trusted source of financial news
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Habs fan, leftist, parent, & partner.
I write about building a fairer and more inclusive society and innovation's role in doing that on the Deep Dives newsletter: https://orbitpolicy.substack.com/. Founder & Principal, Orbit Policy. Toronto via the UK.
Human rights + economic justice. Senior policy lead at Oxfam America. Texan in Brooklyn. She/her and views my own.
Shaping the future of giving
Inequality Economist, former trader and author of The Trading Game. Other Economists make predictions, but my ones are actually right.
https://linktr.ee/garysecon
Chief executive @taxjustice.net (he/him).
Tax Justice (SAGE Press): https://uk.sagepub.com/en-gb/eur/what-do-we-know-and-what-should-we-do-about-tax-justice/book286416
The Uncounted (Polity): https://www.wiley.com/en-gb/The+Uncounted-p-9781509536023
I campaign against inequality, mainly in health & wealth. Love human rights, access to medicines, & fair tax. Hate billionaires.
Campaigns @taxjusticeuk.bsky.social also with @ukstoptrump.bsky.social
Fmr Senior Adviser @STOPAIDS. Views own. Shares≠agree
Environment and climate journalist | Editor in Chief at @nationalobserver.com | Work in The Globe and Mail, The Narwhal, The Guardian | www.jameswsthomson.com
Our Fair Tax Mark label is the gold standard of responsible tax conduct for business (small and big) across the world. We also offer a benchmarking tool, the Tax Responsibility and Transparency Index.
Past Team Lead, Climate Emergency Unit; author of "A Good War: Mobilizing Canada for the Climate Emergency"; columnist w/ Canada's National Observer; former social justice think tank director
https://www.sethklein.ca
https://sethdklein.substack.com