Jacques Villeneuve's Tax Avoidance

[macdaddy]

"...when he lived in Quebec in 2010, he declared just $6,431 in personal income — and claimed a tax credit for low-income families. The next two years, he declared $3,224 and $5,782 in income."

"Such tax tactics are not inherently illegal but they do deprive government coffers of huge amounts of revenue every year that could otherwise pay for schools, health care and social services... in 2012, Villeneuve made controversial comments about Quebec students protesting against tuition hikes, saying their demands weren't fiscally realistic. "Where does the government get the money? From taxes, from selling stuff.'"

It's no secret that the rich find ways to avoid taxes. And that JV is certainly not the only athlete to do so. But it really disheartens me, as Jacques is (was?) my favourite F1 pilot of all time.

His comments about young students struggling to better themselves really leaves a sour taste in my mouth.


https://www.cbc.ca/news/jacques-vill...unts-1.6226467