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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@9VDZDY97mos7MO
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 .
@9ZCXM5Y6mos6MO
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.
@9F4F8G82yrs2Y
Yes, and remove any possible loopholes that are currently being used or could be used by large corporations
@8VSSTYW4yrs4Y
Keep the current tax structure the same but learn how to spend better!
@B4LY4X22wks2W
Increase taxes on the people who have most of Canadas wealth. the top 3% of the population has the most wealth.
@B4DZBPS3wks3W
Yes, increase corporation taxes, add a land value tax and reduce taxes for small businesses and individuals on middle to lower incomes
@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.
@B49LKNY4wks4W
they should eradicate tax loopholes, and tax the rich more, however lowering the taxes our blue collar workers pay, because we keep the lights on and the food in the stomachs of the entire country
@B47KN6S1mo1MO
Yes, raise income taxes and disallow/remove any tax loopholes for the rich, and for large corporations.
@B47GS391mo1MO
No, everyone should have lower tax because the poor cannot afford and the rich could become less wealthy
@B445WWQ1mo1MO
2 options either lower income don't pay tax only rich and raise tax on rich or no taxes at all to anyone
@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.
@B43QV9M1mo1MO
Yes by an order of magnitude, remove most loop holes. Also increase taxes on large corporations while reducing taxes for small businesses
@B286ZK4New Democratic4mos4MO
Taxes should be proportional to your net worth (or wealth for those who use debt as a way to lower income), including any non liquid funds/assets, so corporations/Individuals cannot use the current loopholes to lower their taxes.
@9YNQFHTNew Democratic6mos6MO
Adjust the income tax rate appropriately and remove all existing tax loopholes for large corporations and the “super rich”.
@9XCCXXJ6mos6MO
No, I think all the taxes that we pay should all be the same amount that everyone else pays for taxes
@9X9LXM66mos6MO
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.
@B4R2GP71wk1W
Lower taxes on middle and lower class, increase on those that make more than 1 mil; and abolish most loopholes on major corporations and increase what they pay.
@B4P4WM82wks2W
The rich have money to pay the accountants to plan best for lower taxes, this will just result in the middle class paying more
@B2Y4YCBConservative2mos2MO
the overall tax for higher-income persons should be reduced as they work harder for that money and thus they should not be paying more taxes to the poor people who don't work as hard for there money.
@B2V8N8P3mos3MO
you can keep it mostly the same but they need to account for the increase interest when considering taxes
@9ZZ37MKConservative5mos5MO
No, why should the rich be punished for being successful? It just reduces incentives for business owners and large corporations to make jobs and make growth
@9TMG6K47mos7MO
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
@9L5R7PF1yr1Y
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.
@9KZ9LTCConservative1yr1Y
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.
@9JS8GNH1yr1Y
You shouldn't just be allowed to raise tax rates on richer people due to wealth. they worked to get to where they are.
@9JQ9XHC1yr1Y
i believe it should be relooked and made into a fair tax bracket for everyone and there circumstances
@9JBKCQL1yr1Y
No, the carbon tax, income tax and overall taxes for business should all be changed and reduced for everyone.
@9H8BM7B1yr1Y
Lower the tax rate and remove tax loopholes for large corporations, and tax farmers after business expenses
@9H6GJSN1yr1Y
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.
sliding scale tax for every bracket. mainly reform spending so that tax relief for all can be achieved
@9GH2KFF2yrs2Y
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.
@9FTWKRR2yrs2Y
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
@9FNB6SC2yrs2Y
Lower taxes for all and take away carbon tax and other taxes that are unnecessary
@9FMPRJX2yrs2Y
yes but then that money goes to Charity ( only for the excessively rich)
@9FMPCV82yrs2Y
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.
@9FM2Z9T2yrs2Y
umm nahh we should have equality even for the rich and poor
@9FM2HGN2yrs2Y
increase the tax for the poor
@9FDBM542yrs2Y
Taxes should be relative to your income and not more than you can afford
@9FCNJFB2yrs2Y
No, and I think taxes should be lowered in general.
@9FBW3NL2yrs2Y
Higher it on billionaires
@9FBJ56D2yrs2Y
yes, they should pay about 2% more than the poor. The poor should pay 4% less.
@9F8WB9Q2yrs2Y
tax more on the uber rich
@9F7K3SR2yrs2Y
Tax should be determined by a persons income and their financial status
@B39XQHF2mos2MO
Yes, I think we should taxe the rich but only those who are generationally wealthy and didn't work for thee money, while small businesses that made it big should get to keep there money and not be taxed as much because they worked for all of it.
@9TZHPV57mos7MO
Remove all taxes and make Canada a tax heaven for the rich of the world and any big foreign business will want to invest in canda
@9RTSMX59mos9MO
The government really needs to tax the middle-class less. If that means raising taxes on the rich, so be it.
@9FL5NK32yrs2Y
some places in canada need a lower tax bracket and others don't and remove loopholes for company's.
@9F6YRJ82yrs2Y
No it should be fair for everyone
@9F6WM5L2yrs2Y
Why are we paying to live corrupt system.
@9F5KMPV2yrs2Y
Lower taxes for everyone but prevent loop holes for big Corporations.
@9DK3RYT2yrs2Y
No income tax, but progressive tax hoarded wealth.
@9D7X3DV2yrs2Y
Massively increase the taxes among the rich. Close the tax loopholes; ie. Limit philanthropy etc. Lower the taxes for the working classes.
@9STKB358mos8MO
No because you work hard to do what you do or be who you are and they should be able to take more but they can't take to little because then we would all have more problems
@9SSDMCQConservative8mos8MO
impose higher taxes on the ultra-rich, not on the upper or upper-middle class. Tax old money and multi-billionaires
@9D2TKFS2yrs2Y
Raise taxes on large corporations and billionaires, not individual millionaires
@9CHX2V22yrs2Y
Canada should explore extensive reforms to the Tax Code which was last amended in 1967.
@9CDHYYM2yrs2Y
Lower taxes for the poor and individuals, raise taxes for large corporations and remove existing tax loopholes
@9C4XQMM2yrs2Y
No, raising taxes on those with successful careers (the rich) only makes those folks contemplate getting jobs in a lower tax brackets because they see most of their paycheque go to the government. Since Covid, citizens are starting to realize that there is more to life than working for Pennie’s on the dollar. Which in turn creates worker shortages in some of Canada’s biggest industries.
Restructure the tax brackets
@9B2X2T92yrs2Y
No. If they work for their money and are deserving of it, taxes should not be increased on them.
@98XLDNP2yrs2Y
Tax amounts should be based solely on gross income
@942H7BW3yrs3Y
A little, Don't make the rich too rich but also don't make them poor. Also lower taxes on the poor
@93R3HD5Conservative3yrs3Y
higher for tich lower for not rich
@939C8DW3yrs3Y
Make it fair for both poor and rich
@92M8FFH3yrs3Y
Increase corporate taxes by a modest amount, reduce on lower brackets, increase by a modest amount on the rich and close loopholes for the rich and corporations to hide money made in the country outside the country.
Yes, so long as a clear definition of rich is created, and all potential loopholes are closed
Yes, so long as the definition for "rich" individuals is clearly defined, and all potential loopholes are removed.
@8ZFVK9G3yrs3Y
I should receive all the taxes collected from the rich
@8Z2R3L33yrs3Y
Yes, but lower taxes for people below the poverty line
@8YWNWC33yrs3Y
Lower tax under 200k income and 10 million holdings. Raise tax otherwise.
@8YVY7D53yrs3Y
Yes but raise mostly on large corporations
@8YTHX5Q3yrs3Y
Yes, but keep is balance, Raise taxes on the rich, but also lowering taxes on the poor.
@8YRVMRZ3yrs3Y
no, if the government wants to tax people, the tax payers should be providing the same amount of funds, whether they are rich or not. The economically stable individuals should not have to pay more than anyone else, because the people with lower income are then being supported by the higher uppers and not paying as much into tax.
@8YCQ7HQ3yrs3Y
just use percentages like charge 5 percent as an example for all income tax that way it goes up and takes ''more money'' from those who make more
@8YCQ2VPNew Democratic3yrs3Y
Yes. The rich should be taxed according to their excess money and loopholes for large corporations must be removed.
Reform tax code to tax the rich more efficiently
@8Y8FRBDNew Democratic3yrs3Y
Yes, as it is ridiculous to require populaces of lower financial standards to be the backbone of the rich and government financial markets
@8WQXD8K4yrs4Y
taxes should be the same for everyone. and they should depend on how much income the majority of the country makes
@8WGLX744yrs4Y
Yes, but raise for the super rich I.e multimillionaires and billionaires and corporations making the equivalent
@8W3RKGD4yrs4Y
tax corporations not people
@8VX4GH4New Democratic4yrs4Y
Yes, but only if they make over a certain amount, like 1 million dollars
@8VW3BPW4yrs4Y
simplify taxation. end tax avoidance schemes and shelters. have government own monopolistic, high profit, nationally critical industries to subsidize government income.
@8VVVCQL4yrs4Y
Some of those people earned there money so I think we should raise them a little but not a lot
@8VVD6ZK4yrs4Y
National corporations are increased
@8VTNDW54yrs4Y
Top 1% should be taxed higher
@8VRZP844yrs4Y
It depends on what qualifies as rich. In the past few years, our family has not qualified for breaks in child care or child tax...we are nowhere near rich, but I guess considered somewhat wealthy according to whoever made the requirement up; it's ridiculous. We are middle class and also struggle.
@8VRWJBYConservative4yrs4Y
Yes, remove all tax loopholes for the rich
Yes, but only the ridiculously rich people ; like big corporations owners. Or an alternative could be just paying their workers more
@8VRC37P4yrs4Y
Determine the tax to the amount of wealthy people in each province. See what the citizens prefer and prevent any loopholes. Preferably make the tax on rich a tiny bit more strict.
@8VQYH8B4yrs4Y
Tax based on income with no limit.
@8VQMDPQ4yrs4Y
Lower income tax for low income and increase tax to corporations in small increments
@8VQG689New Democratic4yrs4Y
Raise it for anyone who makes more then $350 000 a year.
@8VQ6BTF4yrs4Y
I want to say yes but at the same time if I was rich I would say no
@8VP7PMF4yrs4Y
Yes, and lower taxes for people with lower income and less money
@8VMP336Conservative4yrs4Y
Increase taxes to cooperations and overly rich Steer away from tickle down economics
@8VMMQSD4yrs4Y
just the filthy rich by a bit. like hundred millionaires
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