So, out of curiosity. I have a friend who made $3.3 million in 2013 of which $300,000 was bank interest. He doesn't offshore any assets and has just his standard income and expenses. His total tax bill for the year was a tick over $100,000. Considering that's only a third of what he earned in bank interest alone, do you think that was his fair share? I'm not asking sarcastically, I'm honestly interested whether you think he paid too much, his fair share or not enough.
Did he pay more or less than the cost of the gov't. services he rec'd? Therein lies your answer.
I'm not totally convinced that it's any of the Gov't's f**king business how much money a person earns!
It is strange that progressives and leftists talk about increasing taxation of the wealthiest people, and always bring up how such extremely filthy rich classes of people have so much money and are so greedy and how they need to pay their fair share. But at the same time, these leftists never talk about lowering the tax burden on those who aren’t super rich, such as the middle class and even the poor. Why do they never talk about getting rid of all sales taxes, like the HST, the most regressive and stupid tax ever, which essentially hurts lower income and lower middle class people the most? Why don’t they talk about getting rid of income tax, health premiums, property taxes, etc., for the lower income and lower middle class people? It proves that such leftists are simply not sincere in their claim to standing up for the interests of the “little” guy. They simply want to expand the power of the State and many of its useless social programs.
Walter will not be a happy camper!
Perhaps this is why the Liberals are taking a look at Canada's tax system. Number of highest-earning Canadians paying no income tax is growing
Number of highest-earning Canadians paying no income tax is growing - Business - CBC News
You have to be careful with this! What would you say about a guy who paid no income tax but gave $100 grand to one of our hospital foundations?
Last edited: