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Old 04-11-2012, 10:51 AM
 
Location: Hollywood North
428 posts, read 1,184,655 times
Reputation: 732

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This article makes reminds me of why I'm proud to be Canadian. What I find interesting was that even those with higher incomes generally supported the idea of higher taxes for more wealthy Canadians.

Canadians OK with higher taxes to fight inequality - Ottawa - CBC News



"Canadians are willing to pay more taxes to help close the growing income gap and want corporations to pay higher tax rates too, according to a new poll released Tuesday.

The survey of 2,000 Canadians, commissioned by the left-leaning Broadbent Institute, found that 23 per cent are "very willing" and 41 per cent are "somewhat willing" to pay slightly more tax in order to protect social programs such as health care, post-secondary education and pensions.

The Broadbent Institute, named after the NDP's former leader Ed Broadbent, argues that protecting social programs would help reduce income inequality.

Liberal and NDP voters are the most supportive of this proposal, the results showed, but 58 per cent of Conservative voters are also in favour of it.

"This attitude toward paying slightly higher taxes is reflected equally in high income and middle income Canadian households. It's only their governments who are offside," says the report, the first from the newly established think tank.

The phone survey was conducted between March 6 and March 18. The results are considered accurate to within 2.2 per cent, 19 times out of 20.

P.O.V.
Should the wealthy pay higher income taxes? Take our survey.

A majority of Canadians – even wealthy ones – are behind the idea of raising income taxes on people who earn more than $250,000 and more than $500,000. The poll found 83 per cent are in favour of that idea.

And 73 per cent agree with raising corporate taxes back up to 2008 levels. Prime Minister Stephen Harper’s Conservative government has steadily lowered the rates since taking office in 2006, arguing the tax breaks help corporations create more jobs. The NDP and Liberals are opposed to the lower rates, saying they haven’t helped create new jobs and that corporations are just sitting on higher profits.

Canadians 'disturbed' by inequality
The poll results go against Conservative mythology, said Broadbent, speaking to Evan Solomon, host of CBC-TV's Power & Politics.

"It shows that Canadians are way ahead of their politicians… 64 per cent of Canadians say they themselves are prepared to pay more taxes. Not just the rich, not just corporations," Broadbent said.

"Canadians are … really disturbed by the degree of inequality and they are prepared now to do something about it."

Broadbent says there's "a global move" to increase taxes on the super rich.

"Canadian politicians, I repeat, are behind the people of Canada on this issue," he said.

The survey, conducted by Environics Research Group, found that a majority of Conservative voters support higher corporate taxes.

It also shows that 69 per cent of Canadians support the introduction of an inheritance tax on any estate valued at more than $5 million.

The Broadbent Institute says the poll shows that the problem of income inequality is not an ideological one and that even the wealthy agree that they should play their part in addressing it.

It calls on governments to match public opinion and take action to reduce income inequality.

The survey showed that 77 per cent of respondents agree that widening income gaps are a big problem for Canada that will have long-term consequences and 71 per cent agreed that income inequality undermines Canadian values."
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Old 04-11-2012, 11:05 AM
 
Location: Cambridge, MA/London, UK
3,867 posts, read 5,291,536 times
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Explain to me again how higher taxes on the wealthy is going to help those at the bottom?

Poverty in Canada is heavily tied to race and immigration status.

http://www.irpp.org/books/archive/aots3/reitz.pdf

Look at the gap between Visible and Non Visible minorities in this study. No matter how much you tax the wealthy it does not solve the underlying issues in the Canadian employment market.

The Glass Ceiling issue that Native Born minorities face is the problem and the roadblocks set in place for the foreign born that forces them into menial jobs when their qualifications are greater is the problem. If the government and Canadians want to make a difference, then admit the real issue. Adjusting the Tax code will not help.

It is the exact same issue in the US. Every poll you read most Americans support higher taxes on especially the wealthy, by a pretty large margin actually. But once again that is not the solution to solving the poverty issues in the US either.
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Old 04-11-2012, 11:20 AM
 
Location: Hollywood North
428 posts, read 1,184,655 times
Reputation: 732
Quote:
Originally Posted by edwardsyzzurphands View Post
Explain to me again how higher taxes on the wealthy is going to help those at the bottom?

Poverty in Canada is heavily tied to race and immigration status.

http://www.irpp.org/books/archive/aots3/reitz.pdf

Look at the gap between Visible and Non Visible minorities in this study. No matter how much you tax the wealthy it does not solve the underlying issues in the Canadian employment market.

The Glass Ceiling issue that Native Born minorities face is the problem and the roadblocks set in place for the foreign born that forces them into menial jobs when their qualifications are greater is the problem. If the government and Canadians want to make a difference, then admit the real issue. Adjusting the Tax code will not help.
I agree that getting people's qualifications recognized is a high priority. It is my understanding that one of the reasons that it takes so long is because of pressure from certain groups (doctors, nurses etc) to delay recognizing their credentials. The fear being that these newcomers will drive wages down.
That is just one face of poverty in Canada though. Aboriginals are far more likely than other Canadians to live in poverty. Where I'm from there are many native born Caucasians living in poverty as well. Higher taxes are one way to fight inequality. Things like access to education, health care, ESL classes, subsidized housing, supportive housing for homeless etc all help.
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Old 04-11-2012, 12:44 PM
 
233 posts, read 538,484 times
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Says the Broadbent institute.

Polls can say pretty much whatever you want if you ask the questions correctly.
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Old 04-11-2012, 12:47 PM
 
233 posts, read 538,484 times
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Quote:
Originally Posted by Drowningintherain2 View Post
Higher taxes are one way to fight inequality.
How?

Will the government really be bringing in more money by taxing the "rich" if people are in return spending less money?
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Old 04-11-2012, 04:58 PM
 
Location: Canada
7,309 posts, read 9,326,230 times
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Quote:
Originally Posted by poscstudent View Post
How?

Will the government really be bringing in more money by taxing the "rich" if people are in return spending less money?
I don't know any rich people spending less for fear of higher taxes.
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Old 04-11-2012, 06:02 PM
 
233 posts, read 538,484 times
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Quote:
Originally Posted by netwit View Post
I don't know any rich people spending less for fear of higher taxes.
That's because there is currently no fear of higher taxes for many of them. If they start losing thousands of dollars in income taxes a year then they likely won't be spending as much money.
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Old 04-11-2012, 06:02 PM
 
701 posts, read 1,032,490 times
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Quote:
Originally Posted by netwit View Post
I don't know any rich people spending less for fear of higher taxes.
Exactly. Postocstudent makes a claim a lot of apologists for the rich make. But it's nonsense.
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Old 04-11-2012, 06:09 PM
 
701 posts, read 1,032,490 times
Reputation: 373
Quote:
Originally Posted by edwardsyzzurphands View Post
Explain to me again how higher taxes on the wealthy is going to help those at the bottom?
Pretty damn simple: For example, 1 fewer Lexus SUV buys some nice education and health care for people who really need it to be productive members of society.
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Old 04-11-2012, 06:33 PM
 
233 posts, read 538,484 times
Reputation: 67
Quote:
Originally Posted by qwerbilzak View Post
Pretty damn simple: For example, 1 fewer Lexus SUV buys some nice education and health care for people who really need it to be productive members of society.
Buying less means that people in the service industry suffer to you know? If people are spending less money, due to higher taxes, then there will be less jobs in the service industry. Less expensive houses means property taxes for everyone goes up. Less spending also means the government is collecting fewer dollars in sales taxes.

Are you sure raising taxes on the so called "rich" will actually mean more revenue for the government?
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