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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@98LHY8M2yrs2Y
Yes, and lower taxes for lower income, remove all existing tax loopholes for large corporations, remove tax emptions for churches, and stop bailouts to large corporations
@8XR2ZQN3yrs3Y
Yes, but lower tax for the poor.
@8XJ8R6V3yrs3Y
No because they start with the rich and then move to middle class. Get rid of the third party central bank our taxes are paying interest to
@8T3T55PConservative4yrs4Y
A percent tax already means the rich contribute more to taxes. The taxes are so high for the rich people will stop working hard to improve industry if you take away the financial incentives. That’s why the communists tend to starve to death.
@8SLS73S4yrs4Y
Tax should be based on networth
Should be a classless society
@9CQBV792yrs2Y
Add a significant estate tax
@98PQTLX2yrs2Y
No, and disallow any deductions and increase the sales tax which will cause savings for business owners and decrease inflation
@98HRV7P2yrs2Y
Yes, and only the rich should pay income tax. For everyone else, a land tax replaces income tax.
Yes - but I would say to gradually increase taxes on the rich and lower them for the poor. For example, every year, taxes for corporations could increase .2-4% or remove a few tax loopholes.
@8VPYBYG4yrs4Y
There needs to be a balance of higher taxes for wealthy but still have them stay in canada and I c’est within the country.
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