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Actually, We Need The Billionaires
Anti-billionaire sentiment is at an all-time high in Canada — and it's costing us. In this direct response to the Paikin Podcast's call for higher taxes on the wealthy, Chris Cooper dismantles five of the most persistent myths about billionaires, delivers statistics most Canadians have never seen, and makes the case that wealth creators aren't the problem — they're the solution.
Topics include: the scarcity fallacy and why wealth creation is not zero-sum; the reality of what the wealthy actually pay in taxes; why most "billionaires" don't have a billion dollars in cash; how corporate taxes…
The skinny
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