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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@9WTX47X6mos6MO
Yes, but lower the income tax rate for middle and working class citizens and remove all existing tax loopholes for large corporations
@B4TMX4Y4 days4D
I think everyone should pay a percentage of their income. If you make $100 you have to pay 10%. If you make $200 you pay 10%.
@8YXLXKC3yrs3Y
They should do what Oregon State does and remove taxes :thumbsup:
@8VBF2F24yrs4Y
Yes and no taxes for the poor who make less than 2000 a month.
@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)
Not so easy. We would have to overhaul many parts of the system, and it could affect the economy in lots of ways, so we should be cautious although it does have some truth to it.
@9C7ZMY7Conservative2yrs2Y
I think taxes should be lowered. The taxes should increase by a percentage that makes sense with income
@9C7YSQRNew Democratic2yrs2Y
Yes, and there should be a limit of how much wealth you are allowed to accumulate (you cannot have a net yearly income of over 1 billion dollars, anything iver 1 billion goes to taxes, no matter how much.)
@9C7B79Y2yrs2Y
Canada should raise taxes for extravagant purchasing and spending. We should promote wealth development, not punish it.
@8VWTC45Libertarian4yrs4Y
Abolish all forms of tax. Charge 20% royalties on natural resources instead.
Yes, but only for those with a personal annual income in excess of two million dollars.
@9586ZCPRhinoceros3yrs3Y
raise taxes on single mothers and poor people
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