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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Lower tax rates for middle and low income brackets, greatly increase it for millionaires and remove loopholes for corporations.
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
@9F8XJM82yrs2Y
the amount of tax you pay is decided by your yearly income
@9F8XHMZ2yrs2Y
Yes as they have more money to hold onto, and tax money helps run our country
@9F7R9DG2yrs2Y
no taxes are way to high and need to be lowered
@9D8CP57Conservative2yrs2Y
No. Replace the current structure with a flat tax on your income and property only. No sales tax.
@95CV59P3yrs3Y
I do not have an opinion on this matter.
Yes, but only the etremely rich
@8VR8Q4PConservative4yrs4Y
No and get rid of all tax.
@8VMXH2N4yrs4Y
Yes but only on the super rich 1%.
@8VJVNDV4yrs4Y
Yes, however we need to be sure how we classify rich in the world as we live today.
@8TVWP8T4yrs4Y
Yes and remove all tax loopholes and lower income tax rates for poor income households
@8RJYVPF4yrs4Y
same percentage of taxes for all income levels
@8TMQR2T4yrs4Y
Have a certain percentage of their yearly revenue by a person be taxed.
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