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Old 01-16-2025, 12:26 PM   #18283
Makarov
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Quote:
Originally Posted by MelBridgeman View Post


Here is the thing, services are funded by tax dollars, the majority of tax is paid by the top 10 percent, i forget what the number is 60/70 percent of tax revenue are paid by the top 10 percent.

Although the NDP ropes you in with the "no service cuts!" over the long term the NDP will shift more of the tax burden on the very people who already subsized most of these services you want for your family. Guess what these people just leave, they already leave in droves to the US, you know the old "NHL players don't want to play in Canada because of taxes and such", so guess what happens, the money needs to come from somewhere and since the NDP aren't gonna touch your services, you get to pay more ! Yay! So pick your poison!

This isn't a hypothetical, the evidence is overwhelming, look at wealth taxes in Europe.
The evidence is not overwhelming. You're not telling the truth. It is very much an unsettled question. For example, this study:

Quote:
The view that the rich are highly mobile has gained much political traction in recent years and has become a central argument in debates about whether there should be “millionaire taxes” on top-income earners. But a new study dispels the common myth about the propensity of millionaires in the United States to move from high to low tax states.

“The most striking finding in our study is how little elites seem willing to move to exploit tax advantages across state lines,” said Cristobal Young, an assistant professor of sociology at Stanford University and the lead author of the study. “Millionaire tax flight is occurring, but only at the margins of significance.”

In any given year, Young and his fellow researchers found that roughly 500,000 individuals file tax returns reporting incomes of $1 million or more (constant 2005 dollars). From this population, only about 12,000 millionaires change their state each year. The annual millionaire migration rate is 2.4 percent, which is lower than the migration rate of the general population (2.9 percent). The highest rates of migration are seen among low-income tax filers: migration is 4.5 percent among people who earn around $10,000 a year.
SOURCE: https://www.asanet.org/news_item/do-...s-avoid-taxes/
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