Should Canada raise taxes on the rich?
Australia currently has a progressive tax system whereby high income earners pay a higher percentage of tax than low income tax. A more progressive income tax system has been proposed as a tool towards reducing wealth inequality.
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@ISIDEWITH2mos2MO
Can you imagine a future where taxes have minimized social inequality? What does it look like?
@9V2MDBL2mos2MO
It would result in us all being poor. No one would want to work hard if they knew they had the same end result as everyone else
@9V8NVJ42mos2MO
Nothing would be expensive and everyone would have a home and be happy.
@9V2ZF6R2mos2MO
everyone would have a home to live in, no one would be crying about it being to expensive. etc..
@9V2MJBZNew Democratic2mos2MO
Taxes go to better Bertie funding community social programs
@9VDZDY92mos2MO
there shouldnt be a tax on your paycheck. we pay tax on everything we purchase so by taxing the paycheck then taxing what we pay after we get our check we pay more in taxes then we receive .
@9F4F8G81yr1Y
Yes, and remove any possible loopholes that are currently being used or could be used by large corporations
@9CBKZDD1yr1Y
Yes, especially on the highest tax brackets
@8VSSTYW3yrs3Y
Keep the current tax structure the same but learn how to spend better!
@9ZMYJ4P3 days3D
Abolish the Income Tax. For people who make 100k or over per annum, the GST percentage should be 5% for each purchase. For people who make below that threshold, it should be 2%.
@9ZLDVNL6 days6D
Make anyone who’s income is $150,000 or more pay 5% in taxes. Make people who earn below the threshold pay 2%. Abolish the income tax entirely.
@9ZHL5981wk1W
No, it should be lowered slightly for the wealthy but not the extremely rich. Loop holes should also not be allowed larger corporations.
@9ZHCGXD1wk1W
Absolutely not, as they would be citizens, how would it even be fair for them to pay higher taxes just because they have more money? All the citizens should pay the same equal taxes.
@9ZDCKDQ 2wks2W
lower it but also find a way to get rid of the loopholes so that everybody pays less taxes and those who have the wealth dont skip out on paying them
@9ZCXM5Y2wks2W
Lower income tax on the middle and lower class raise income tax on people who make more than a million and raise income tax on billion and million dollar corporations, abolish all tax loopholes for the rich and corporations.
@9YNQFHTNew Democratic2wks2W
Adjust the income tax rate appropriately and remove all existing tax loopholes for large corporations and the “super rich”.
@9XHYBDN3wks3W
Yes, but for the ultra-rich only, and lower the income tax for low-income, middle-class, and even upper-middle class.
@9XCCXXJ3wks3W
No, I think all the taxes that we pay should all be the same amount that everyone else pays for taxes
@9X9LXM63wks3W
it doesnt matter what you get payed, you pay the same taxes and live in esentially the same area. people shouldnt be rewarded with lower taxes for making bad choices when they were younger.
@9WTX47X4wks4W
Yes, but lower the income tax rate for middle and working class citizens and remove all existing tax loopholes for large corporations
@9WR8G394wks4W
Tax the 130k plus people more, not single parents, and decrease taxes for the less income people. And increase the taxes for corps, and the top most wealthy, there shouldnt be billioners.
@9WBL9TK1mo1MO
No but make it mandatory that a percentage of profits are reinvested into business and not realized by owners
@9W6LHHB1mo1MO
Lower taxes for the poor increase taxes for the rich and remove all existing tax loopholes and be able to choose to pay specific taxes on which do you actually use
@9W4LHPN1mo1MO
Raise taxes on the wealthy, remove all corporate tax loopholes, and lower income tax for middle class.
Lower income tax IF it's possible to remove all existing loophalls for large corporations. If not, then increase tax for anyone earning upwards of $8million per year (in money or stocks or other capital forms)
@9VW3LQL1mo1MO
No but make sure the rich aren’t using creative accounting practices to avoid paying their fair share.
@ISIDEWITH2mos2MO
Do you think a society is healthier when its richest citizens pay significantly more taxes than others?
@carsonmyers 2mos2MO
I think society is healthier when everyone's needs are met and they have the ability to lead fulfilling and enjoyable lives. If income tax is an (imperfect) way of pursuing that goal, then yes; but raising taxes on the rich is insufficient. A society with a large wealth gap is fundamentally unhealthy in the first place, regardless of its tax policy.
@9TBN9CSIndependent2mos2MO
No, but enforce federal regulations that enforce the rich to pay and prevent tax evasions through any legal loopholes.
@9TYLKPX2mos2MO
the cost for riches should be slightly raised but the doors taxes should stay the same as long as they are able.
@9TXBP2YIndependent2mos2MO
Lower taxes on poor, spend more to recover from tax evaders, remove loopholes for large corporations.
@9TX8DMH2mos2MO
Create a new, more fair, tax system, that is much lower in taxes then the current one. Do not tax wealthy people too much or nobody will want to take risks and invest in things.
@9TQY4VY2mos2MO
raising taxes on the rich would give handouts to the poor, it would be better to provide the poor with more jobs.
@9TMMWC22mos2MO
tax is the amountt of the money collected by the government to use it in other public services after certain cap of income my suggestion employee who work for their monthly income should pay less ,small business should pay according to the net revenue but should not be as high as 30% middle and large corporation should rase the tax on their net revenue but they can pay less if the donate large portion of teir annual net revenue to the reaserch organization or public funded organization
@9TMG6K42mos2MO
people shouldnt have to pay for having money but if someone is strugiling with money the government should help them whitch would intail the government needing more money
@9TJJT4X2mos2MO
that would be unfair, so I would say no. because it should be their choose too and they most likely did something to earn that money. if they feel the need to give to the poor or donate that will be on their own accord.
@9QR7ST55mos5MO
taxes should be fair for everyone not too high or low, since rich people also had to work hard, even if they didn't likely their families did.
@9Q3FT6F 5mos5MO
No, keep the current tiered structure, lower taxes for the poor, enforce corporate tax collection, and implement a 1-3% tax on non-profits, and religious organizations (churches, synagogues, mosques, etc)
@9PQQXRY5mos5MO
I am middle class. I feel it is unfair to over tax those who have achieved wealth as an individual.
@9NXCW6Q5mos5MO
Yes, but not to the point where it negatively affects the rich and they can no longer support their needs.
@9NMWPJK6mos6MO
If you tax the people who own everything more no doubt they will find a way to pass it down the chain to the consumers.
@9M9Z7WC7mos7MO
No, but lower taxes on the poor who really do not have the potential at their current state to pay the taxes
@9M8ZG9Q7mos7MO
I believe they should pay more but not significantly. Say, if you make over a certain amount a year than your tax rate might be slightly higher.
@9M8CPJ47mos7MO
Make there be more tax brackets, that make it where the final tax bracket involves anyone who is part of the top 2% income earners.
Yes the government should but only for the highest income brackets, for instance income of more than 150k per year
@9LZ9ZMN7mos7MO
No, because the tax bracket already is raised on people with more annual income which is already morally incorrect because people work for the money they make.
@9LTRGRMNew Democratic7mos7MO
Lower the income tax rate for lower and middle class and remove all existing tax loopholes for large corporation (and continue to remove loopholes as they are found).
@9LRCQVX7mos7MO
It should depend based on how much you already give back to your community - donations and such should count towards your taxes
@9LNZCPW7mos7MO
Abolish the income tax for personal income, no change for the sales tax, and keep taxes for the big corporations.
@9LMC5GG7mos7MO
It depends if the person made they way up no however if the person was born into old money and nepotism yes.
Abolish the income tax and start imposing tariffs. Cut federal and provincial government to 10% of its size. Abolish the federal and provincial MP and MLA and Senate pensions immediately.
@9L5R7PF8mos8MO
Simplify the current tax system by: restructuring the scale to make the 2% and corporations pay more, remove existing loopholes and rebates. Automate tax returns like many countries already do, remove tax based benefits. If you remove all these deductions, rebates, and loopholes that the very rich and corporations most benefit from, then both a fair wage and fair tax rate will be revealed without wasting taxpayer money on processing an unnecessarily complex tax return. There should only be GST on luxury items. There should be some limits on corporate profit or requirements for ratios at which employees must receive higher compensation.
@9L58G3R8mos8MO
I think it depends on what we count as rich, the owners of really big corporations that are making millions of dollers should be taxed, but I dont think we should be taxing people work a well paying job (doctors, lewyes, etc) as much as we do
@9KZ9LTCConservative8mos8MO
Yes, the more money you make, the more taxes you should pay to make up for people unable to pay such high taxes with a low income. So poor people should have lowered taxes and richer people should have higher taxes.
@9KMCFG79mos9MO
Taxes should be augmented only if the government is willing to provide more services to the people. Otherwise absolutely not.
@9KGWSV29mos9MO
Create a universal income tax exception of $26000. Start taxing at 5% and increase tax progressively by 2.5% per $10,000. Cap tax at 50%. There should only be federal income tax.
@9K3Q4DY9mos9MO
I feel that the rich should be taxed for things that would support the future in our world. Such as homeless shelters, renewable energy, and money towards researching climate change. As well as donating money so 3rd world countries can have real meals.
@9JYPDGG9mos9MO
No, but they should make the tax rate a percentage of one's pay so that people working as surgeons don't lose less money than the janitors to the government
@9JS8GNH10mos10MO
You shouldn't just be allowed to raise tax rates on richer people due to wealth. they worked to get to where they are.
the rich should be treeded like evrey other person that is not as rich as them evryone should be treaed the same in my eyes
@9JQ9XHC10mos10MO
i believe it should be relooked and made into a fair tax bracket for everyone and there circumstances
@9JQ8YN2Conservative10mos10MO
depending on how much the eprson make a year, should be the reason for how high or how lower their taxes
@9JLF2GL10mos10MO
this is a misleading question the normal have income tax but most "rich" people gain there wealth over stocks witch are taxed less so if we rise tax on a higher income it doesn't affect the rich. so equal out the tax between people who make money off stock with people who make money of normal income.
@9JBKCQL10mos10MO
No, the carbon tax, income tax and overall taxes for business should all be changed and reduced for everyone.
@9J7VVDJConservative10mos10MO
All the individuals should get an equal rights. Government can't raise the taxes for rich and decrease the rate for poor because to maintain country's economy balance; there should be equality.
@9J73G5HConservative10mos10MO
I’d say cut 2/3 of the wage for all people in the House of Commons and keep the TAX how it is now for the rich
@9HB5B3212mos12MO
yes, and put a limit at 1.5 million dollars, so that any money you get past that amount just goes straight back to the community or a charity that you HAVE to choose.
@9H98GLK12mos12MO
Yes, and i believe that any money you get after the 1.5-million-dollar mark should go straight to the government or community- because nobody needs more money than they can comprehend.
@9H8BM7B12mos12MO
Lower the tax rate and remove tax loopholes for large corporations, and tax farmers after business expenses
@9H6GJSN12mos12MO
Do it reasonably and not take so much money from them as there are enough wealthy individuals in the country that if you do the math if you take a reasonable amount of taxes from all of them, the country would still benefit.
@9H4B72J1yr1Y
Have a limited set of allowed money, and whenever you earn more than the said amount, the money goes towards the government.
@9GZYG4J1yr1Y
Regardless, reform to destination-based cash-flow tax (DBCFT) and remove all existing tax loopholes and deductions, also abolish across Canada: payroll tax, sales tax, capital gain tax, interest gain tax, property and school tax, corporation tax, car tax, airline tax, cigarette and all other smoking products tax, alcohol tax, petrol tax, carbon tax, internet tax, diverted profit tax, luxury goods tax, mansion tax then enact: automation tax, mortgage tax relief, (packaging tax, plastic tax and plastic bag tax until bio-plastic is widely use which should not be taxed).
@9GYC866Conservative1yr1Y
When it comes to really rich people who get out of paying tax or paying little to no tax I think that they should also pay
@9GRZW9K1yr1Y
Lower income taxes, increase sales taxes, conduct a review of the tax system, and remove tax loopholes.
sliding scale tax for every bracket. mainly reform spending so that tax relief for all can be achieved
@9GNXXXT1yr1Y
There are agreements, as well as other things we have signed which might get in the way of this, but we should have a progressive tax system depending on different factors as to how people pay different amounts.
@9GJPKWT1yr1Y
The rich should provide a minimum donation to support programs for increasing quality of life for low income families, marginalized people, and reforming criminal systems.
@9GH2KFF1yr1Y
Raise taxes on the poor and lower taxes on the rich. Poor people don't make as much money because they don't contribute as much to society, so we deserve the money they have.
@9GC2S2P1yr1Y
lower tax on the middle class and keep the rest the same there is no longer a middle class in Canada
@9G8G56QConservative1yr1Y
The tax brackets need to be adjusted to reflect current economic times and inflation rates, high income earners should be taxed accordingly however middle class earners are taxed beyond their means in most Cases.
@9G3LBVG1yr1Y
Everyone should have a similar tax but it depends on who the person is and what they own in there tax pay
@9FVDRPT1yr1Y
abolish income tax on persons whose income is less than 50k per year, and keep the raised taxes on income exceeding predetermined amounts.
@9FTWKRR1yr1Y
All taxes the same, there's many people in Canada so at the end of the day tax money will still be going to you
@9FT9QJN1yr1Y
my stance on this oppion is as much as you want to tax the rich they will continue to find a way around them
@9FRRVNF1yr1Y
Yes, but create more tax brackets so low-end high-earners aren't taxed as heavily as high-end high-earners.
@9FR2W9PConservative1yr1Y
It is probably more equitable to have a graduated income tax rate based on earnings. The problem with this is the wealthiest earners have access to an array of accountants, lawyers and financial advisors, and are able thus to avoid taxes and the equitable amount of tax they should pay.
@9FQY4MY1yr1Y
Tax the more wealthy as they find loopholes to pay less taxes. And find a way to remove all ways for the rich and large corporations to use loopholes.
Depends on the perception of the people. If middle income families are forced to go to a single vehicle while multi-Tesla homes are on the rise, the problem could be rooted in corporations willingness to spend budgets on high end items driving up prices out of the reach of the working class. Shareholders that have a large stake in a company tend to also behave like they are rich owners. While they squeeze every dollar out of a corporation, we are subsidizing wages. Taxing the corporations more is a disincentive to invest in Canada, and jobs move to where they are cheapest rather than most eff… Read more
@9FNB6SC1yr1Y
Lower taxes for all and take away carbon tax and other taxes that are unnecessary
@9FMPRJX1yr1Y
yes but then that money goes to Charity ( only for the excessively rich)
@9FMPCV81yr1Y
Increase the income tax rate for the wealthy, but lower it for people of the middle class and remove all existing tax loopholes for large corporations.
@9FM9QN91yr1Y
Yes, but only in a fair and reasonable amount.
@9FM2Z9T1yr1Y
umm nahh we should have equality even for the rich and poor
@9FM2HGN1yr1Y
increase the tax for the poor
@9FLWBY21yr1Y
it makes sense but i dont really see the point and nor do i care
@9FLG9ZS1yr1Y
The rich will never be taxed so it doesn't matter
The rich should be forced to pay their taxes IN GENERAL. There are too many policies that benefit wealthier folk that the middle class and poor individuals with never have access to.
@9FGS3881yr1Y
Only people making over 1 million should be taxed at over 50%. Taxes should be reduced for all other incomes
@9FFFKG41yr1Y
lower tax for lower income families, and higher incomes should pay higher taxes
@9FDQHRW1yr1Y
Yes, and impose taxes on the company-shareholders, should build tax system around the holding of companies, and eliminate these kind of loopholes.
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