Quote:
Originally Posted by mykalberta
Thats a whole diffferent dicussion. You are aware of what the top 5% in Canada and US pay in % of taxes right?
Yes some of them are bluebloods who inherited but alot especially in the US are guys like the Google founders, Tivo guys, or Bill Gates etc ....
People are responisble for thier own lives and economic reality. I think its unfair for people to blame someone for being successfull. Why should the Google founders pay a higher % than some Joe working at Starbucks. For % of income Joe at Starbucks likely uses more public services than the Google guys - IMO
If your beef is with the bluebloods then institue a death tax based on convertible assets so things like the family farm and Dan's shoe repair types wont be affected. If you beef is with the rich in general, well thats a different forum a different discussion etc.
MYK
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I don't know where you got the idea that I want people who are successful to be "punished". I certainly didn't suggest that in my post. Rather, I like the fact that tax breaks benefit everyone equally, rather than favouring one subset of workers over another. By raising the personal exemption, every single Canadian taxpayer gets the same amount of money back in their pocket. It's not a $100 break for one person and a $10,000 break for someone else.