Baloney Meter: How much is the government going to collect from tax cheats?
OTTAWA — “Our investments have already yielded results. We are on track to recuperate $25 billion from our efforts against tax avoidance and tax evasion.” — Prime Minister Justin Trudeau.
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There are two certainties in life, and one of them the government doesn’t want you cheating on.
The depth of Canada’s tax evasion and avoidance problem erupted in overwhelming detail last week with the release of a trove of documents about offshore accounts and trusts, dubbed the Paradise Papers, that delivered a broadside to the prime minister’s oft-repeated mantra of creating a fairer tax system for the middle class and its hard-working aspirants.