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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@B49TBJY4wks4W
Begin to increase taxation on large multinational corporations, and decrease it depending on their country of location and their proportionate investment into the Canadian economy.
@9G8G56QConservative2yrs2Y
The tax brackets need to be adjusted to reflect current economic times and inflation rates, high income earners should be taxed accordingly however middle class earners are taxed beyond their means in most Cases.
@8VVQB344yrs4Y
If rich means huge corporate companies then yes. Not if rich are doctor brackets etc
@8VR3ZQZ4yrs4Y
Yes, but on the wealthy (1%) and "rich" should be clearly defined.
@8VP8N5R4yrs4Y
Yes, and increase the personal exemption amount.
@8VMYP3K4yrs4Y
No. They work hard like everyone else. It’s not fair to make the rich fund those who are taking advantage of the system. For example, so many people scammed the system and collected CERB. Why should the people who didn’t collect get put on the hook for it?
@8TZ6DN84yrs4Y
Yes for the very wealthy who have annual incomes above $500,000
@9CS3LQGNew Democratic2yrs2Y
No, but show efforts to keep jobs in Canada.
@8SB59R54yrs4Y
We need to protect manufacturing and businesses but they need to pay more
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