Quote:
Originally Posted by The Yen Man
Maybe I'm naive, but I highly doubt that. Is there any stats to back that up? I feel like a lot outrage is due to stories sensationalizing the few cases that do have people skirting the laws on taxes. If this was really a problem, how come the CRA is not on it like crazy?
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Agree, having done personal tax for several years for various income groups, my experience is that people with high earnings pay a lot of taxes. For deductions that people complain about such as donations, investing in flow-through shares etc. this is simply reallocating where their money is going (i.e., to the gov't or to support charities that the gov't would otherwise have to support or putting money directly into the economy.