Meet a millionaire who wants Canada to tax the rich

https://thenarwhal.ca/canada-wealth-tax/

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Avi Bryant grew up in a middle-class neighbourhood in Vancouver. By the time he was 30, he was well on his way to becoming a millionaire.

He calls his path “sheer luck” — but it’s more nuanced than that. Bryant got lucky, sure, meeting the right kinds of friends and acquaintances (executives at Twitter, for example) at the right times. He also made good business and financial choices, including taking stock options in lieu of some of his pay while at Stripe, that eventually propelled him into the so-called one per cent.

Now, instead of kicking back and sipping martinis with the economic elite, he’s joined a growing chorus of wealthy individuals calling for nations to stop catering to the ultra-rich. In fact, he says, Canada needs to tax the rich more — a lot more.

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51 points · 6 comments · view on lemmy.world

6 Comments

Lemmyoutofhere@lemmy.ca · 19 pts · 103d (1 reply)

A millionaire is middle class these days.

howrar@lemmy.ca · 11 pts · 103d

In Vancouver? Barely.

SaveTheTuaHawk@lemmy.ca · 16 pts · 103d

It's too easy to take money out of Canada for tax evasion, and our Prime Ministers all do it.

We never had debt issues before the 70s when we decided to stop taxing the rich, then brought in the GST to force the poor to fill in the gap.

HeroicBillyBishop@lemmy.ca · 9 pts · 103d

Excellent, let's get that idea moving forward

MacroCyclo@lemmy.ca · 5 pts · 102d

Love this part:

Bryant dismisses the argument that wealthy people will leave Canada if taxes go higher. Canada “is the best place to be living,” he says. “And that’s true whatever the tax rate is.”

jaybone@lemmy.zip · 5 pts · 103d

Tom Steyer is kinda sorta saying this in his commercials running for California governor. I’m not sure if I should believe him.