2407 replies to this topic

[Canuckistani]

There is or at least should be a limit to taxation, I mean if I make 300 thousand dollars there should be a limit to taxation. Taxing me at 60 or 70 percent to support someone who makes less. I am all for taxing people based on their income, up to a limit.

There is a limit. Currently in Canada it's 29 percent on income over 139k. So on your 300k taxable (don't forget all your tax breaks) income you would be paying about 76k in taxes for an effective rate of 25%. That's too low.

[Canuckistani]

90k is not nearly rich. People in that tax bracket already get hit the hardest. Not everyone should live "equally". That does not motivate anyone to strive to improve their lot in life. Hard work should be rewarded with a higher standard of living. The scales at this time are tipped heavily in favour of the very wealthy. Pivate corporate interests are able to interfere with the democratic process and have too much influence over our government. The rich should definitely be giving more back to the society that they benefit the most from, but 90k is not even close to rich.

A Canadian with an annual income of $89,000 qualifies for membership in the exclusive club that includes the top 5 per cent of the nation's earners.

I would say being in the top 5% qualifies as being rich. But that of course somebody that's super rich should pay a higher percentage of their income than somebody that just squeaked into the rich category. Or income tax brackets top out at 29% for income over 130,000. We need higher brackets for higher incomes.

[Signals.Cpl]

I would say being in the top 5% qualifies as being rich. But that of course somebody that's super rich should pay a higher percentage of their income than somebody that just squeaked into the rich category. Or income tax brackets top out at 29% for income over 130,000. We need higher brackets for higher incomes.

Within a limit, at some point people start wondering why they dedicate so much time and money going to school to get a high paying job and pay so much in taxes to live at the same standard as those who chose to forgo school.

[Canuckistani]

Within a limit, at some point people start wondering why they dedicate so much time and money going to school to get a high paying job and pay so much in taxes to live at the same standard as those who chose to forgo school.

I'm sure they would. Can you point to a country where that is the case?

[g_bambino]

If the party in power has lost the confidence of Parliament (representing all Canadians), then the government falls. Nothing wrong with that: It's part of the checks and balances built into the system to protect Canadians from rogue parties who overstep their mandate.

Sure. Except the Conservative Party holds a majority in the House of Commons. It's thus unlikely that the government will lose the confidence of the majority in that chamber. .....Unless, that is, the make-up of that chamber can be affected by outside, non-electoral forces, which is obviously what the lawsuit launchers are trying to do.

We can't seek to legally overturn illegally obtained election results?

When it's been determined the election results were reached illegally, sure. That hasn't happened yet.

[Signals.Cpl]

I'm sure they would. Can you point to a country where that is the case?

Many hardline communist countries that believed in equality for all, at some point the doctor begins to wonder why his living standard is only marginally better then the cleaning lady. IF we believe in equality and I make 300k and then the government take 60% in taxes then gives it to someone who makes say 50k/year because they are "poor" then how can you justify that I have tens if not hundreds of thousands in student loans and in some cases a decade of education to make only a good living and watch the government take a very large chunk because I am of the evil 5%. I believe in taxing corporations, and taxing the super rich but the reality is encouraging people to work hard to become something should be a priority rather then tell people that you can work hard and we will take your money and give it to someone who is not and did not work as hard as you.

[Signals.Cpl]

Only if employers expect people to work all day. Let me know when that changes, eh?

And how do you intent to pay for all day daycare?

[g_bambino]

And how do you intent to pay for all day daycare?

By blocking streets in protest until someone else pays for it, of course.

[Canuckistani]

Many hardline communist countries that believed in equality for all, at some point the doctor begins to wonder why his living standard is only marginally better then the cleaning lady. IF we believe in equality and I make 300k and then the government take 60% in taxes then gives it to someone who makes say 50k/year because they are "poor" then how can you justify that I have tens if not hundreds of thousands in student loans and in some cases a decade of education to make only a good living and watch the government take a very large chunk because I am of the evil 5%. I believe in taxing corporations, and taxing the super rich but the reality is encouraging people to work hard to become something should be a priority rather then tell people that you can work hard and we will take your money and give it to someone who is not and did not work as hard as you.

And what do hard line communist countries have to do with Canada?

Your example about 60% has nothing to do with Canada. The govt isn't giving somebody earning 59k money because they are poor - they're taking taxes from them. The govt is giving them, and you, a whole bunch of services - health care, education, military, policing and the courts, roads and infrastructure (which has been allowed to crumble), food safety (which has been cut back) etc etc etc.

[Signals.Cpl]

And what do hard line communist countries have to do with Canada?

Your example about 60% has nothing to do with Canada. The govt isn't giving somebody earning 59k money because they are poor - they're taking taxes from them. The govt is giving them, and you, a whole bunch of services - health care, education, military, policing and the courts, roads and infrastructure (which has been allowed to crumble), food safety (which has been cut back) etc etc etc.

I am not saying Canada now, What I am saying is Canada as the vision some of the people on this forum have. Overtax the rich to support the poor is not the answer. I think we need a fair taxation system where your work ethic, handwork and intelligence are rewarded rather then punished by excessive taxation. And another thing, you want to make money count? Fix the taxation system, close loopholes and make the tax code more efficient.

[Topaz]

I am not saying Canada now, What I am saying is Canada as the vision some of the people on this forum have. Overtax the rich to support the poor is not the answer. I think we need a fair taxation system where your work ethic, handwork and intelligence are rewarded rather then punished by excessive taxation. And another thing, you want to make money count? Fix the taxation system, close loopholes and make the tax code more efficient.

Tax loops, closing them, excellent, but you won't find a party that will do that because that would be hurting themselves, as would taxing the mega rich or the next level down.

[Vendetta]

I would say being in the top 5% qualifies as being rich. But that of course somebody that's super rich should pay a higher percentage of their income than somebody that just squeaked into the rich category. Or income tax brackets top out at 29% for income over 130,000. We need higher brackets for higher incomes.

90,000 for a household is not rich. If 2 people bring in that much thats 180,000. That is pretty well off for an average family of four. I'd say start the higher tax rates at around 250,000 per household, progressively increasing for each half million over that. Randomly pulled those numbers from the sky but sounds like a reasonable place to start.

First we need a new election because it gets more and more obvious everyday that the election fraud robocalls were engineered by the Harper Conservatives.

[Fletch 27]

Its clear the Liberals were behind the election fraud! Crytal Clear!

[Signals.Cpl]

Tax loops, closing them, excellent, but you won't find a party that will do that because that would be hurting themselves, as would taxing the mega rich or the next level down.

We need to revitalize our democracy then.

[Signals.Cpl]

Its clear the Liberals were behind the election fraud! Crytal Clear!

It was the NDP...