Mr Prime Minister, many would like a flat income tax

I Think · Post by **I Think** » Oct 26th, 2015, 2:43 pm

Dear Sir, many people seem to be in favor of a fixed rate income tax, lets say 10% ( or whatever the number is) with a free pass for those making $1999 or less p/a and no loopholes or deductions.

There are many people who think that this would be a better way to equalize the disparity between the rich and the not so rich.
The CRA would have much less work to do, and Canadians would save money because they would not need so many accountants
Respectfully a Citizen.

Captain Awesome · Post by **Captain Awesome** » Oct 26th, 2015, 2:44 pm

I didn't know Prime Minster hangs out on Castanet forums.

What's his nickname here?

Is it Glacier?

The Green Barbarian · Post by **The Green Barbarian** » Oct 26th, 2015, 3:02 pm

Captain Awesome wrote:I didn't know Prime Minster hangs out on Castanet forums.

What's his nickname here?

Is it Glacier?

George

hobbyguy · Post by **hobbyguy** » Oct 26th, 2015, 3:10 pm

Flat tax is a daft idea. Has not worked anywhere it has been tried.

The Green Barbarian · Post by **The Green Barbarian** » Oct 26th, 2015, 3:26 pm

hobbyguy wrote:Flat tax is a daft idea. Has not worked anywhere it has been tried.

If I wasn't in favor of it before, I sure am now.

Muzza · Post by **Muzza** » Oct 26th, 2015, 3:47 pm

George

Then we are really in trouble!!!!

Gilchy · Post by **Gilchy** » Oct 26th, 2015, 4:32 pm

I'm surprised the OP is in support of the flat tax idea, as it is widely considered to be extremely "regressive" form of income taxation in comparison to the current graduated system.

JLives · Post by **JLives** » Oct 26th, 2015, 5:16 pm

I don't support a flat tax. There is no percentage that is fair to both low and high income earners. 10% is far too low for someone earning over $200,000 per year to be contributing to their country and 50% is far too high for some earning $30,000 per year. Having a tiered system based on income level just works better.

jimmy4321 · Post by **jimmy4321** » Oct 26th, 2015, 5:20 pm

The Green Barbarian wrote:
George

I tought he was that bearded man, what was his name????

The Green Barbarian · Post by **The Green Barbarian** » Oct 26th, 2015, 5:22 pm

jimmy4321 wrote:
I tought he was that bearded man, what was his name????

The Green Barbarian · Post by **The Green Barbarian** » Oct 26th, 2015, 5:23 pm

JLives wrote:I don't support a flat tax. There is no percentage that is fair to both low and high income earners. 10% is far too low for someone earning over $200,000 per year to be contributing to their country and 50% is far too high for some earning $30,000 per year. Having a tiered system based on income level just works better.

For once we are in agreement. I honestly can't believe I am typing this. My hands are literally shaking, as I know this must be a sign of the apocalypse. Now just wait for Atomoa to actually tell the truth in a post and I am starting work on that bomb shelter.

JLives · Post by **JLives** » Oct 26th, 2015, 5:25 pm

The Green Barbarian wrote:For once we are in agreement. I honestly can't believe I am typing this. My hands are literally shaking, as I know this must be a sign of the apocalypse. Now just wait for Atomoa to actually tell the truth in a post and I am starting work on that bomb shelter.

You had me at I agree with you. Let me know if you need help figuring out how to build that shelter. I'm more than just a pretty face. =)

I Think · Post by **I Think** » Oct 26th, 2015, 5:47 pm

Gilchy wrote;

I'm surprised the OP is in support of the flat tax idea

Am not in support necessarily, but do know that the present tax system is a kluge, and keeps CRA workers and Accountants off the dole.
What I am against is all the loopholes and hidey holes that should be done away with.

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Mr Prime Minister, many would like a flat income tax

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