The biggest difference is that entrepreneurs take voluntary risks. A whole lot of people lead precarious lives that are perpetually at risk because of structural inequalities and the fact that they do not get the same kinds of benefits as people like me, even from our tax system—although it is at the lower end, pretty progressive and so on, but still. By and large, wealth concentration and extreme income disparities end up being harmful for everybody. However, there are millions of Canadians—many more millions—who will be affected by this tax change, who are living with either housing, food, employment or just simple income insecurity every day. The tax system is one of the mechanisms by which we make that a little bit fairer.
On September 24th, 2024. See this statement in context.