Ed Broadbent suggests taxing the rich to fight child poverty.
Ed Broadbent suggests taxing the rich to fight child poverty.
About 100,000 Canadians are in the top tax bracket for earners making more than $250,000. On average, those individuals earn more than $600,000 a year. Broadbent, 73, said increasing their taxes from 29 per cent to 35 per cent would put billions more toward eliminating child poverty, increasing the amount spent by $3.7 billion.
“With just that single move we would double the amount given for the national child benefit supplement and take children out of the devastation of poverty,” he said during a speech at the University of New Brunswick.