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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@92457QX3yrs3Y
Instead of raising the taxes, make sure the rich are paying for there taxes and not finding a lope hole.
@8Q6C4Y44yrs4Y
No, maintain the current rates until the national debt is drastically reduced, then lower taxes for the rich
@8HDMV9J5yrs5Y
No, simplify taxes to percentages and eliminate loopholes and tax cuts
@7YFGPVT5yrs5Y
1) Eliminate citizen income tax, and restructure corporate earnings tax to a lower linear incrementing tax.(i.e. Set a bottom threshold of $10M annual gross profit at 2%, $50M at 3%, $100 at 4%... and cap at $100B at %15). With no loopholes, and assessed to any company that does business in the US, regardless of where the corporate HQ are and where products/services are generated, to avoid "Off shore" parent company strategy.
2) Simplify, but increase property tax for all entitles, civilian, local business, and corporations. This tax would also scale linearly.
3) Eliminate local and state sales tax and institute a national Value Added Tax dispersed between local, state, and federal proportionally
@5QXSKLV3yrs3Y
Yes, But Abolish the income tax.
@72VZT8L3yrs3Y
Lower income taxes on the middle and poor class, and increase on the rich.
@87V5TYY4yrs4Y
Abolish the income tax, disallow all deductions and loopholes
@8CV6FZ55yrs5Y
Everyone's tax should be equal in the amount of your income you lose.
@8DPWTGP5yrs5Y
People should be taxed at the same rate. If you earn more, you should pay a little more, but it should be at the same percentage as someone who makes less.
@8G9CLG75yrs5Y
Slightly raised for rich
@8GLZ9KD5yrs5Y
Reform to a flat tax except have lower to no taxes for the poor and remove tax loopholes for large corporations.
@8GLKWV55yrs5Y
Once again, define the word "rich".
@8GTWWZJ5yrs5Y
Yes, and lower taxes for people who live in poverty.
@8L9P7P34yrs4Y
For the duration of the COVID-19 pandemic, taxes should not be raised for anybody. 6 months after the vaccine is distributed to everyone, say in early or mid-2022, those that earn between $400,000 and more will have a tax increase, it won't be a massive increase nor will it be a minuscule increase
@8LZGM3L4yrs4Y
Absolutely not because they have worked for that money over their years and acquired it. Just because they’re rich does not mean they should have to pay more taxes than everyone else.
@8LYLWBG4yrs4Y
No, Instead tax the bigger corporations
@8PRKY7Q4yrs4Y
No, you should be aloud to keep the money you make.
@8WQT4JC4yrs4Y
No, increasing tax for the rich would lower the number of jobs available.
@8X84JLS3yrs3Y
Remove income tax and make an consumption tax.
@8XKXHRL3yrs3Y
Remove Federal income tax and add an Consumption tax.
@8Y4XP3P3yrs3Y
Flat tax on all transactions above a threshold, and a progressive tax on all gifts and estates above a threshold.
@8ZH59GG3yrs3Y
No, and abolish the income tax, disallow all deductions and increase the sales tax
@8ZTJN9H3yrs3Y
No, but disallow all loopholes and deductions
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