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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@B4DLN6Z3wks3W
A consumption tax or luxury should be applied to non essential factors. Anything purchased should be viewed via need vs want. rough example. We all may need a frying pan but we don't need bluetooth connected frying pans. We may need clothing but we don't need Guchi socks.
@B445BPHConservative1mo1MO
I think it depends on how rich the person is, if they make more than average but would be really impacted by a tax increase than I think not but someone who has millions and would hardly notice a change seems fair.
@9YNQFHTNew Democratic6mos6MO
Adjust the income tax rate appropriately and remove all existing tax loopholes for large corporations and the “super rich”.
@8YCQ2VPNew Democratic3yrs3Y
Yes. The rich should be taxed according to their excess money and loopholes for large corporations must be removed.
@8VMMQSD4yrs4Y
just the filthy rich by a bit. like hundred millionaires
@8VJ5W9R4yrs4Y
No, raising taxes on the rich will not solve any problems. It just means more money for the government to spend more inefficiently as always with citizens not getting any meaningful benefit.
@8DLRPN95yrs5Y
Raise taxes on the top 0.1% and lower taxes on the poor.
@8CY8CX75yrs5Y
Yes, not by too much though.
@99MR6J32yrs2Y
Yes, but only if the amount of money they are making is deemed to be redundant or in excess in terms of there's and their family's survival and future success.
@99HH6R5New Democratic2yrs2Y
Yes, and remove all existing tax loopholes for large corporations and track where government funding goes, but put funding towards social programs to help individuals out of the underlying cause of their poverty.
@8T4L2LV4yrs4Y
Higher Tax for the rich, lower tax for the poor and remove existing loopholes for large corporations.
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