Wealthy Canadians 'threaten’ to reduce donations if feds don’t halt proposed Alternative Minimum Tax changes
A community foundation executive says wealthy Canadians have “weaponized” the charitable sector through pressure to advocate on the proposed tax reforms. In contrast, others say they have not been pressured.
Why It Matters
The federal government says the proposed changes to the Alternative Minimum Tax will increase tax fairness. But could the advocacy of wealthy Canadians undermine these efforts?
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