M-68 Wealth inequality

That, in the opinion of the House, the government should address rising extreme wealth inequality and generational fairness concerns by implementing: (a) a one-time tax on extreme wealth to help pay for the pandemic response, namely a 3% tax on assets over $10 million, and a 5% tax on assets over $20 million; (b) new tax measures on the transfer of extreme wealth, including an inheritance tax on estates valued at over $5 million; and (c) changes in the tax treatment of investment income to ensure it is treated more equitably in relation to employment income earned by working Canadians.