this post was submitted on 24 Mar 2025
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Described by one First Nations-led organization as a ‘double-edged sword,’ a tax strategy involving charities is providing a windfall for new mining exploration in Canada

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[–] Dearche@lemmy.ca 3 points 1 week ago

This is nothing new. Charities and related tax write-offs are one of the favoured techniques of the rich to avoid paying their taxes for over a thousand years. The fact that such an obvious and well used loop-hole hasn't been closed is simply proof that those with the power to close such loop-holes have zero intent in doing so because they are likely personally benefiting from them.

A collective problem that crosses all levels of government and for every side, not an issue of any specific government.

ty OP. We rarely get a real, readable look under the hood. Rich People & Their Charitable Tax Cheatcodes of Doom would normally have me snoozing by the end of the first paragraph.

Narwhal did some timely in-depth investigative journalism here. Again.