The Medical Reform Group in Ontario, a group of group of licensed Canadian medical doctors, has launched a campaign called Doctors for Fair Taxation. They believe that government revenues should be increased through taxes in “a fair fashion to protect needed public services and reduce government deficits and debt.”
They are calling for four new Federal and Ontario income tax brackets at $100,000, $170,000, $640,000 and $1,850,000 corresponding to the top 10%, 1%, one tenth of one percent, and one hundredth of one percent of taxpayers. They estimate that these new tax brackets would raise approximately $3.5 billion in new revenue for the federal government and $1.7 billion for the Ontario government.
Read their press release here.
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