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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@B4TN8344 days4D
Yes to the maximum rate that does not disincentivize investment which leads to growth in GDP and growth in employment
@B4R2Y9D1wk1W
taxes should raise based on income, but be capped to a certain percentile for ultra-rich individuals. While they *should* pay more in taxes, unfortunately having them in the counry does positively effect the economy. Making them leave to save on taxes just makes those other countries (usually the U.S.) much richer.
@93XBNXB3yrs3Y
@8THCSHR4yrs4Y
Raise the income tax for the large companies and lower the tax rate for low-income citizens.
No one should have billions of dollars... no one needs over ten billion
@8P9CY8Q4yrs4Y
I only support increasing taxes once everything has been thoroughly planned out, and the public is given a say in budgeting beforehand
@9BJY9J42yrs2Y
Yes and make the rich give the taxes to the poor
@8TZHHMX4yrs4Y
A mandatory minimum personal income tax rate for individuals, eliminate "off shore tax havens" and remove existing tax loopholes for corporations.
@96QVWKM3yrs3Y
Yes, but lower the taxes for those who are poor and low income
@95T54GJ3yrs3Y
Increase the tax free portio to $25,000 and remove almost all tax credits except for education, medical, and charity
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