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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@9XHYBDN6mos6MO
Yes, but for the ultra-rich only, and lower the income tax for low-income, middle-class, and even upper-middle class.
@9S8HD278mos8MO
Yes for incomes (even combined) over $500,000, raise the minimum income level up to reduce burden on low income families.
@943PG5Y3yrs3Y
Yes, but only for individuals making +500k a year as anything less is no longer rich due to the cost of living
Yes and should increase every year
@8XMV3KJ3yrs3Y
raise taxes for the ritch and lower them for the poor
@8VWR2CDNew Democratic4yrs4Y
Tax the rich out of existence
They should add a new system that taxes corporations CEOs differently then someone working at Tim’s. It needs to be completely re-designed
@8VLFQWZ4yrs4Y
Tax rate should be the same % for everyone and higher for corporations with no loopholes.
@8VFRYBY4yrs4Y
No, the current income tax act should be reworked in its entirety. Canada should try to encourage wealthy individuals and corporations to come to Canada as opposed to taxing them to the point they choose to leave.
@8VCSXRL4yrs4Y
Only on the ultra rich (above 100 million per annum) and corporate tax
@8VCJK9J4yrs4Y
Tax the church and foreign corporations operating in canada
@8V4XTGV4yrs4Y
Yes raise the tax rate for this making over 200k a year.
@8TVZNSRNew Democratic4yrs4Y
Increasing taxes to the rich is ineffective, should focus on ensuring the people with the most money pay taxes.
@8TKP6CB4yrs4Y
yes but only for the top 1%
@8TCK7HGConservative4yrs4Y
Remove deductible tax for donations
@8Q96VKD4yrs4Y
Raise taxes on the rich in such a way that does not encourage moving of their wealth to other countries (e.g. increase tax on luxury goods as opposed to income)
@8PZWWGR4yrs4Y
Lower taxes depending on what class or how much they make, and to compensate for it raise it for the rich
@8PKB57X4yrs4Y
There needs to be some way that these “rich” can be higher taxed without them finding loopholes to just not pay taxes. EX: charity fraud
@8PCJP274yrs4Y
@8LFBF664yrs4Y
no but i think we should lower taxes for people that are struggling
@8G83YD45yrs5Y
Yes, if the level of wealth exceeds 250,000/yr
@8DLRPN95yrs5Y
Raise taxes on the top 0.1% and lower taxes on the poor.
@9CPXJ7V2yrs2Y
Replace other forms of taxation with a land value tax
@993TYN3Conservative2yrs2Y
Single tax bracket from 35,000 to 2,000,000 then progressive tax on higher income
@7Z659225yrs5Y
No, instead introduce VAT and LVT, eliminating loopholes, consolidating brackets, and cracking down on evasion
@3J533FF4yrs4Y
Yes, and close existing loopholes that facilitate tax evasion
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