Thank you very much.
I'm overwhelmed by your presentation and data. As you showed in your second table, the data concerns the years from 2016 to 2021. Consequently, even the present government has allowed a cut in the effective tax rate of the richest 0.01% of Canadians. As you said, they enjoyed a 125% increase in income while their tax rate declined. It's very troubling, and I think it has to change.
I approve of the proposed alternative minimum tax, even though your presentation shows that its impact on the effective tax rate of the richest 0.01% will still be quite marginal.
The alternative minimum tax proposals clearly won't be enough. What could the government do to ensure greater tax fairness relative to the richest 0.01%?
Then I'll discuss the charitable sector.