Let’s not think about taxing our way to prosperity

Dear Editor,

Re: “A national wealth tax may be a timely idea,” Column, Richmond-News com

In Tracy Sherlock’s column advocating for a “wealth tax” with a claim that it can generate billions of dollars to fund pharmacare, post-secondary tuition, non-market homes and public transit she notes that a wealth tax is untested in Canada, could cause a mass exodus of rich people and could have unknown effects

She goes on to say “ … I think it might be worth the risk Heck, it might even free up some much-needed housing for folks”

Sure, let’s experiment with the economy and chase investors and their billions of dollars of capital out of the country and see how big a train wreck we can create for ourselves

So where to start? So often the first idea to bring in more money is to tax the wealthy. It would be refreshing to see someone put on their thinking cap and see how we could 1) cut government costs 2) cut government red tape and 3) make it easier for entrepreneurs to in-