Mar 18, 2019
As the “eat the rich” mantra grows stronger in the US, the likes of Alexandria Ocasio-Cortez, Bernie Sanders, and Elizabeth Warren have proposed an estate tax of an astronomical 77% on the very wealthy.
Similar policies have been suggested by the Canadian Centre for Policy Alternatives.
But would such radical tax policy actually help? Geoff Costeloe is a lawyer and entrepreneur in Vancouver and is digging into the idea. He joined Rick Cluff in studio.