NDP LEADERSHIP CANDIDATE SAYS WEALTHY CANADIANS SHOULD CONTRIBUTE MORE
TO PROMOTE EQUALITY AND PROSPERITY
TORONTO, Nov. 28, 2011 /CNW/ - NDP leadership candidate Brian Topp today
released a detailed plan to reduce income inequality by restoring
balance to Canada's tax system.
"Growing inequality is the central economic and moral issue of our
time," said Topp. "I believe the NDP must show leadership on this
issue. My plan says its time for those at the top to pay more so that
Canada can make the important investments that will promote equality
and long-term prosperity."
In a paper released today entitled "Bringing Balance and Fairness to
Canada's Tax System",Topp argues that successive Liberal and
Conservative governments have fostered levels of income inequality not
seen since the 1920's by gearing the tax system to wealthy Canadians.
Topp makes three specific proposals to address this growing income
1. A new federal income tax bracket of 35% on incomes in excess of
2. A new and better approach to taxes on capital gains and stock
3. A phase out of Stephen Harper's spending on tax cuts for profitable
For more information about each of these proposals please visit www.briantopp.ca to read the Restoring Balance to Canada's Tax System.
SOURCE Brian Topp
For further information:
Jim Rutkowski -- 250-812-1741
Julie-Maude Beauchesne -- 514-846-1398