Canadians are not paying their fair share


mentalfloss
#1
Canada misses out on nearly $50 billion in tax each year

The federal government forgoes as much as $47.8 billion in uncollected taxes every year, according to a new report that Ottawa has yet to release.

These billions represent only a fraction of all taxes that go unpaid because they don’t include taxes owed to the provinces and municipalities — all of which are in need of additional revenues to close budget deficits and deliver on major public works projects.

“Everyone wants to make sure that everyone else is paying their fair share of taxes,” said Matthew Stewart, who oversaw the research for the report, published by the Conference Board of Canada on Monday.

“We wanted to use an initial study to push the (Canada Revenue Agency) into doing more work on this. . . . The first step is figuring out what the gap is, then you can come up with a plan to crack down on it.”

Despite a promise during the last election campaign, Ottawa hasn’t produced an official figure for the tax gap — an estimate of the difference between all tax due on paper and the actual tax revenue collected by the government.

In the interim, researchers used techniques developed by tax agencies in the U.K. and U.S. to estimate a Canadian tax gap of between $16 billion and $47.8 billion for the 2010 tax year. This lost revenue would have provided a significant boost to the $160 billion the CRA collected in federal taxes that year.

Beyond sales taxes, tax gaps calculated by foreign governments include tax evasion, both “onshore” and using the offshore tax havens that featured prominently in the Panama Papers revelations.

Those reports brought offshore tax evasion into the public eye, demonstrating how it impoverishes public coffers while exacerbating inequality, said Carl Hammersburg, an analyst with SAS Analytics, who consulted on the report.

“Offshore is really big dollars from a smaller number of entities, but the majority of the tax gap is actually small amounts from a large number of people,” Hammersburg said.

https://www.thestar.com/news/world/2...each-year.html
 
MHz
+1
#2
If $30B can be 'saved' by printing our own money why aren't we doing that?
 
Durry
#3
It is immigrants who are not paying taxes on interest on their savings.

Almost all immigrants who assemble savings here move their savings to their old country, very often registered in their own name or the name of a parent or relative.
It's bad enough that we spend so much to accommodate immigrants and then most of them cheat on their taxes to avoid giving money to the country that takes them in.
 
Cannuck
No Party Affiliation
#4
We should start taxing the benefits seniors get.
 
DaSleeper
+2
#5
They do you idiot!
 
Cannuck
No Party Affiliation
#6
Quote: Originally Posted by DaSleeperView Post

They do you idiot!

No they don't you moron
 
DaSleeper
+1
#7
You're so silly!
 
Durry
#8
Quote: Originally Posted by CannuckView Post

We should start taxing the benefits seniors get.

What benefits do they get that are not taxed?
 
Cannuck
No Party Affiliation
#9
Quote: Originally Posted by DurryView Post

What benefits do they get that are not taxed?

10% Tuesdays at IGA. They're like pigs at the trough.
 
DaSleeper
+2
#10
All low income citizens get tax breaks such as GST rebates...etc.
But I won't do dumpy's research for him...
BTW he forgot Shoppers drug mart and a few other stores

And the silly twit is just jealous
 
Cannuck
No Party Affiliation
#11
Quote: Originally Posted by DaSleeperView Post

BTW he forgot Shoppers drug mart and a few other stores

I'm sure you know where all the free goodies are.

We should have an old peoples card that must be presented in order to get an old people discount. Old people should be taxed on their freebies. It's time for you to pay your fair share.
 
DaSleeper
#12
That has nothing to do with taxes in the OP
Then everyone should be taxed who take advantage of a sale....


Last edited by DaSleeper; Feb 14th, 2017 at 09:12 AM..
 
Cannuck
No Party Affiliation
#13
Quote: Originally Posted by DaSleeperView Post

That has nothing to do with taxes in the OP
Then everyone should be taxed who take advantage of a sale....

They aren't taking advantage of a sale. They are getting a benefit that isn't available to everyone. Why should a multimillionaire septuagenarian get benefits that a poor young couple with 3 kids not get? Seniors that don't want to pay their fair are just pigs at the trough
 
mentalfloss
#14
Quote: Originally Posted by CannuckView Post

We should start taxing the benefits seniors get.

I agree.

This should be a top policy priority for the next election.
 
Cannuck
No Party Affiliation
#15
Quote: Originally Posted by mentalflossView Post

I agree.

This should be a top policy priority for the next election.

It's time to drain the swamp
 
IdRatherBeSkiing
+3
#16
Quote: Originally Posted by CannuckView Post

They aren't taking advantage of a sale. They are getting a benefit that isn't available to everyone. Why should a multimillionaire septuagenarian get benefits that a poor young couple with 3 kids not get? Seniors that don't want to pay their fair are just pigs at the trough

Perhaps you should be addressing this with Shoppers Drug Mart or IGA.
 
Cannuck
No Party Affiliation
#17
Quote: Originally Posted by IdRatherBeSkiingView Post

Perhaps you should be addressing this with Shoppers Drug Mart or IGA.

No. It's a systemic problem
 
JLM
No Party Affiliation
+1
#18
Quote: Originally Posted by mentalflossView Post

Canada misses out on nearly $50 billion in tax each year

The federal government forgoes as much as $47.8 billion in uncollected taxes every year, according to a new report that Ottawa has yet to release.

These billions represent only a fraction of all taxes that go unpaid because they don’t include taxes owed to the provinces and municipalities — all of which are in need of additional revenues to close budget deficits and deliver on major public works projects.

https://www.thestar.com/news/world/2...each-year.html


Doesn't it really bother you when you get to thinking of all the time you're wasting propagating SH*T? Surely you could make better use of your time like go find some grass you can watch grow!
 
taxslave
No Party Affiliation
+4
#19  Top Rated Post
Quote: Originally Posted by CannuckView Post

10% Tuesdays at IGA. They're like pigs at the trough.

Holy FUK you are stupid.

Quote: Originally Posted by CannuckView Post

I'm sure you know where all the free goodies are.

We should have an old peoples card that must be presented in order to get an old people discount. Old people should be taxed on their freebies. It's time for you to pay your fair share.

Hey retard the government itself gives seniors a discount on property taxes, bus fares, ferry fares, etc.
 
JLM
No Party Affiliation
+1
#20
Quote: Originally Posted by taxslaveView Post




Hey retard the government itself gives seniors a discount on property taxes, bus fares, ferry fares, etc.


It won't penetrate!
 
Cannuck
No Party Affiliation
#21
Quote: Originally Posted by taxslaveView Post

...the government itself gives seniors a discount on property taxes, bus fares, ferry fares, etc.

Yes, I know. Their benefits are practically endless. Pigs at the trough
 
DaSleeper
+3
#22
He probably borrows his father's card to go shopping.....the sniffity hypocrite.....

Probably also jealous of the tax discount aboriginals get at stores

I wonder if I could get both at the same time.....?
 
IdRatherBeSkiing
+3
#23
Given that most seniors are no longer working and on fixed income, I have no problem with them getting some breaks here and there.
 
Cannuck
No Party Affiliation
#24
Quote: Originally Posted by IdRatherBeSkiingView Post

Given that most seniors are no longer working and on fixed income, I have no problem with them getting some breaks here and there.

I also have no problem helping seniors in need. If Das or JLM were not smart enough to plan for their retirement or get decent enough jobs, I'm all for helping them out. There's a difference between helping those in need and being pigs at the trough. Seniors today are the most entitled generation in history. Really, who other than a whining entitled biatch would have a problem paying taxes on perks?
 
DaSleeper
+2
#25
Quote: Originally Posted by CannuckView Post

I also have no problem helping seniors in need. If Das or JLM were not smart enough to plan for their retirement or get decent enough jobs, I'm all for helping them out. There's a difference between helping those in need and being pigs at the trough. Seniors today are the most entitled generation in history. Really, who other than a whining entitled biatch would have a problem paying taxes on perks?

And who is doing all the jealous Whining here to-day?

 
Cannuck
No Party Affiliation
#26
Quote: Originally Posted by DaSleeperView Post

And who is doing all the jealous Whining here to-day?

Poor Seniors.
 
DaSleeper
+2
#27
Quote: Originally Posted by CannuckView Post

We should start taxing the benefits seniors get.

Quote: Originally Posted by CannuckView Post

10% Tuesdays at IGA. They're like pigs at the trough.

Quote: Originally Posted by CannuckView Post

I'm sure you know where all the free goodies are.

We should have an old peoples card that must be presented in order to get an old people discount. Old people should be taxed on their freebies. It's time for you to pay your fair share.

Quote: Originally Posted by CannuckView Post

They aren't taking advantage of a sale. They are getting a benefit that isn't available to everyone. Why should a multimillionaire septuagenarian get benefits that a poor young couple with 3 kids not get? Seniors that don't want to pay their fair are just pigs at the trough

Quote: Originally Posted by CannuckView Post

It's time to drain the swamp

Quote: Originally Posted by CannuckView Post

No. It's a systemic problem

Quote: Originally Posted by CannuckView Post

Yes, I know. Their benefits are practically endless. Pigs at the trough

Quote: Originally Posted by CannuckView Post

I also have no problem helping seniors in need. If Das or JLM were not smart enough to plan for their retirement or get decent enough jobs, I'm all for helping them out. There's a difference between helping those in need and being pigs at the trough. Seniors today are the most entitled generation in history. Really, who other than a whining entitled biatch would have a problem paying taxes on perks?

Quote: Originally Posted by CannuckView Post

Poor Seniors.

There you have it so much unending Whine

Sniffity sniff
 
Cannuck
No Party Affiliation
#28
Quote: Originally Posted by DaSleeperView Post

There you have it so much unending Whine

I can accept that you believe you are jealous when you question the entitlements of politicians and civil servants but I disagree. I think it's the proper thing to do when taxpayers dollars are on the line.

Of course I don't feel entitled like you do.
 
DaSleeper
+3
#29


 
Cannuck
No Party Affiliation
#30
Sorry for embarrassing you again. Perhaps if you weren't such a hypocrite and felt so damned entitled, we could have a reasonable discussion on this matter.
 

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