

Policy Area
Priority Level
Last Updated
Labour
Short-Term
January 21, 2024
The RPC will legislate a new scaling tax for organizations in which one or more employees earn more than 5x their lowest compensated employee; the greater the ratio, the higher their corporate tax rate. For egregiously unfair scenarios (e.g., one or more employees earning 20x more than their lowest compensated employee), the tax surcharge will equate to a 100% corporate tax rate.
The purpose of our economy is primarily to create and maintain the necessities for society. We are lucky enough to have surplus in our economic production which can also provide for many of our personal wishes and desires, beyond just our needs. Building a strong, resilient economy is critical to ensuring this continues to be the case.
An economy is not a playground for the ultrawealthy capitalists to extract surplus value by exploiting labourers.