@ISIDEWITHQuestionseconomyStarted 11yrs agoActive 3 days ago

Should the government raise taxes on the rich?

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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Answer Overview

Response rates from 627k Canada voters.

67%
Yes
32%
No
62%
Yes
25%
No
4%
Lower the income tax rate and remove all existing tax loopholes for large corporations
4%
No, but lower taxes for the poor
0%
Yes, and raise taxes on all income brackets
1%
No, keep the current tax structure
1%
Reform to a flat tax

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Other Popular Answers

Unique answers from Canada voters whose views went beyond the provided options.

 @9VDZDY9from Alberta  answered…3mos3MO

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 .

 @9ZXF48Xfrom Ontario  answered…3wks3W

No, Canada should not raise taxes on the rich because they worked hard to get that money and to be wealthy.

 @9F4F8G8from Alberta  answered…1yr1Y

Yes, and remove any possible loopholes that are currently being used or could be used by large corporations

 @9CBKZDDfrom Ontario  answered…2yrs2Y

Yes, especially on the highest tax brackets

 @8VSSTYWfrom Alberta  answered…3yrs3Y

Keep the current tax structure the same but learn how to spend better!

 @B26D5NVfrom New Brunswick  answered…3 days3D

No, because "we" the rich have far too many methods of avoiding taxes in a lawful manner. The best way to tax the rich s with a consumption or transaction tax. This would allow removal of income tax and complete simplification of tax code. If every single transaction (including financial) was taxed at an exceptionally low rate the individuals or entities that make the most (# & $) transactions would pay the most taxes.

 @9ZZ37MKfrom Alberta  answered…3wks3W

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

 @9ZXWKQMfrom Ontario  answered…3wks3W

Yes. However, ensure that the taxes are not too high to make people who own businesses think about going to the States to run their businesses.

Latest News

Stay up-to-date on the most recent “Taxes” news articles, updated frequently.

 @ISIDEWITH submitted…5mos5MO

War crime tourists pay $3,000 to see Ukraine’s horror

War Tours, pays a wage to its tour guides – who are refugees themselves – and regularly donates funds to the war effort. But some of his competitors appear to be raking in the cash: one week-long “war tour” package reportedly offered to tourists comes with a £3,000 price tag. Clients are from the US, Britain or “small European countries”, he says, and interest in tours has risen this summer. “I think they deserve to see what’s happening here because their governments support Ukraine, and they pay for that with their taxes,” he says, adding “people have a right to know how their money is spent.” It would seem that the Ukrainian government is also keen to attract visitors. In March, the country announced a campaign to attract tourists, saying it had the infrastructure and hotels to welcome foreign travellers, albeit when the war was over. “Any money that people will spend in Ukraine will help the economy to recover,” said tourism boss Mariana Oleskiv. More than 70,000 people visited the disaster-ravaged area in 2021, with numbers peaking at almost 125,000 in 2019, three years before the war broke out.“People are interested in seeing Bucha because it’s evidence of Russian aggression in their own eyes, rather than just through the media,” he explains. But “they also wanted to see destroyed Russian vehicles, and the different kinds of drones used by both sides, as well as the famous exhibitions in Kyiv”.

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Active 2wks ago

 @ISIDEWITHDiscuss this answer...…7mos7MO

Should the government incentivize the construction of affordable housing?

No

▲  398 replies3 disagree