Mr Prime Minister, many would like a flat income tax

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I Think
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Mr Prime Minister, many would like a flat income tax

Post by I Think »

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.
Last edited by I Think on Oct 26th, 2015, 2:45 pm, edited 1 time in total.
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Captain Awesome
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Re: Mr Prime Minister, do the people want a flat income tax

Post by Captain Awesome »

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

What's his nickname here?

Is it Glacier?
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The Green Barbarian
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Re: Mr Prime Minister, do the people want a flat income tax

Post by The Green Barbarian »

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

What's his nickname here?

Is it Glacier?


George
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hobbyguy
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Re: Mr Prime Minister, many people would like a flat income

Post by hobbyguy »

Flat tax is a daft idea. Has not worked anywhere it has been tried.
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Re: Mr Prime Minister, many people would like a flat income

Post by The Green Barbarian »

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.
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Re: Mr Prime Minister, many people would like a flat income

Post by Muzza »

George


Then we are really in trouble!!!!
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Re: Mr Prime Minister, many people would like a flat income

Post by Gilchy »

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.
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Re: Mr Prime Minister, many people would like a flat income

Post by JLives »

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.
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Re: Mr Prime Minister, do the people want a flat income tax

Post by jimmy4321 »

The Green Barbarian wrote:
George


I tought he was that bearded man, what was his name????
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Re: Mr Prime Minister, do the people want a flat income tax

Post by The Green Barbarian »

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


Image
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Re: Mr Prime Minister, many people would like a flat income

Post by The Green Barbarian »

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.
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Re: Mr Prime Minister, many people would like a flat income

Post by JLives »

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. =)
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Re: Mr Prime Minister, many people would like a flat income

Post by I Think »

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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