---
title: Tax the super-rich
description: Sign the petition to say no to billionaires and demand a wealth tax on the super-rich.
image: https://act.greenpeace.ca/hubfs/Tax%20the%20rich%20petition%20preview%20image.png
---

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En [Fr](https://act.greenpeace.ca/fr-ca/taxez-les-riches)

# Tax the super-rich

## No more billionaires: we need a wealth tax on the super-rich

We live in a world where a minority—the richest 1%—capture twice as much money as the remaining 99% of the population. \[1\] The super-rich emit more carbon than 66% of the entire world population and hoard wealth, leaving poisoned crumbs to the rest of us. \[2\] 

**And they’re supported by a system, including here in Canada.** Over the last 40 years, tax cuts for corporations and capital investments have led the top 1% to capture large amounts of the country’s wealth. The average market income of the **top 0.01% has grown six times faster than that of the bottom 50%,** who aren’t quite profiting from so-called *Canadian economic growth.* \[3\] 

**Now that the cost of living crisis is hitting people across Canada, it is only fair they pay their share.** We demand lower taxes for workers and inflation-relief measures for all, funded by the very people who created the crisis and bankroll on it.

A wealth tax on just the richest 0.5% in Canada would generate $30 billion per year, supporting tax cuts to middle- and low-income workers and funding critical public services, climate action and nature protection. \[3\]

**The money to ensure a safe future for people and the planet is there, it’s just in the wrong hands.** Join us in urging the government to tax the super-rich and support fair tax rules for everyone across Canada.

Sources:

\[1\] [https://www.oxfam.org/en/press-releases/richest-1-bag-nearly-twice-much-wealth-rest-world-put-together-over-past-two-years](https://www.oxfam.org/en/press-releases/richest-1-bag-nearly-twice-much-wealth-rest-world-put-together-over-past-two-years)

\[2\] [https://www.oxfam.org/en/press-releases/richest-1-emit-much-planet-heating-pollution-two-thirds-humanity](https://www.oxfam.org/en/press-releases/richest-1-emit-much-planet-heating-pollution-two-thirds-humanity) 

\[3\] [https://www.taxfairness.ca/en/resources/reports/canadas-affordability-divide-how-1s-rise-left-millions-behind](https://www.taxfairness.ca/en/resources/reports/canadas-affordability-divide-how-1s-rise-left-millions-behind)

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