Paying higher taxes to bridge income gap?
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    Posting Addict ClairesMommy's Avatar
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    Default Paying higher taxes to bridge income gap?

    http://www.cbc.ca/news/politics/stor...bent-poll.html

    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 2000 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.
    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," the report, the first from the newly established think tank, said.

    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.

    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. 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 on an inheritance tax on any estate valued at more than $5 million.

    The Broadbent Institute, named for the NDP's former leader Ed Broadbent, 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.
    Opinion? Should bridging the income gap be the responsibility of corporations, high income earners, or all taxpayers/corporations? Would you be willing to pay higher taxes to keep your social programs?

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    Mega Poster elleon17's Avatar
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    Seriously, does everyone need to be the same. Didn't anyone take lessons from Harrison Bergeron?

    I think that there should be a level of fairness and that 10% for someone making $20,000 is a lot different than someone making $100000.

    I guess it depends on the level of social programs. I am not a fan of government being the mother/father figure, but I will attest there are needs for certain programs regardless of who is running them.
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    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.
    Anyone have stats on how many people in Canada make more than 250,000 or 500,000/year? Because if it isn't more than 17%, it's hard to agree necessarily that the 'wealthy' ones agree with raising their taxes In other words, if more than 83% of canadians make less than 250K, it just means that the majority of canadians are behind the idea of raising taxes on other people, not themselves.

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    Posting Addict GloriaInTX's Avatar
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    I'm sure the 49% of Americans that pay no taxes would probably be in favor of a tax hike to keep social programs also.
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    Quote Originally Posted by Potter75 View Post
    Anyone have stats on how many people in Canada make more than 250,000 or 500,000/year? Because if it isn't more than 17%, it's hard to agree necessarily that the 'wealthy' ones agree with raising their taxes In other words, if more than 83% of canadians make less than 250K, it just means that the majority of canadians are behind the idea of raising taxes on other people, not themselves.
    This was my first thought, too, Melis. It seems everyone, everywhere is quick to want to raise the taxes on people beyond their own bracket.

    Personally, I'd like more people to have some skin in the game-- and pay some tax just so that they actually care how the government spends *their* money. So many people don't pay any or very much tax and I think it contributes to the sense of apathy about government here in the US.

    But as far as this "study"-- it just seems that most Canadians are happy to raise the tax on businesses and wealthy folks.....not sure that means much.
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    Quote Originally Posted by Potter75 View Post
    Anyone have stats on how many people in Canada make more than 250,000 or 500,000/year? Because if it isn't more than 17%, it's hard to agree necessarily that the 'wealthy' ones agree with raising their taxes In other words, if more than 83% of canadians make less than 250K, it just means that the majority of canadians are behind the idea of raising taxes on other people, not themselves.
    Exactly. I would be very curious to know how many people in this study actually make that much and voted "yes, raise my taxes".

    It drives me crazy when there is talk about "social programs" in such a broad term. I'm happy to pay for some programs. Others are a freaking waste of money and should be cut.

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    Quote Originally Posted by boilermaker View Post
    This was my first thought, too, Melis. It seems everyone, everywhere is quick to want to raise the taxes on people beyond their own bracket.

    Personally, I'd like more people to have some skin in the game-- and pay some tax just so that they actually care how the government spends *their* money. So many people don't pay any or very much tax and I think it contributes to the sense of apathy about government here in the US.

    But as far as this "study"-- it just seems that most Canadians are happy to raise the tax on businesses and wealthy folks.....not sure that means much.
    I am thinking the same thing. No one is offering to raise their own taxes! It's easy to have ideas about how other people should be paying more.
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    Quote Originally Posted by GloriaInTX View Post
    I'm sure the 49% of Americans that pay no taxes would probably be in favor of a tax hike to keep social programs also.
    I pay very little in income (about 1/2 % of gross state and 3.8% of gross federal) and property taxes (1.6% of the purchase price). I'm all for paying more! I get so much for my tax dollars that it's worth it.

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    Quote Originally Posted by ethanwinfield View Post
    I pay very little in income (about 1/2 % of gross state and 3.8% of gross federal) and property taxes (1.6% of the purchase price). I'm all for paying more! I get so much for my tax dollars that it's worth it.
    Wish I had your tax rates.
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    I have no problem paying a reasonable level of taxes to have access to good social programs. There are a lot of programs available here that are really positive that I like having access to.

    I do think those who have less money should not have to compromise their basic needs to pay taxes, and thus those with more wealth should pay more. I think that if those who made upwards of 250,000 paid a high rate of taxes they would be more likely to care what they did with the money (given that those with that kind of wealth are often the influences in policy making). But those are not the people who are necessaries using the social programs. Our Premier, who took a hard stance against the public school teachers in the recent job actions, send her child to private school. She doesn't have a stake in the issue. If she did, I wonder if she would have cared more.
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