Canadians want Ottawa to ban use of tax havens, poll finds

[HungSowel]

Business is a sport, and it should be treated like a sport; if you play the game then you accept the rules. If you cheat, then you should be punished and labeled as a cheater. However right now, we have people who are tripping over themselves to saintify such cheating.

I have absolutely no problem with large companies outsourcing jobs, if that pads their profit then part of that goes towards taxes and Canadian society benefits. But when companies evade taxes while cutting domestic jobs it creates a black hole that just vaccums money out of our economic universe and we lose the multiplier effect on economic activity.

I run my own small business, I hope one day it becomes a larger business and if my tax rate goes up then I accept it and I will pay according to the rules. I ask only that everyone else plays by the same rules, though even if it is unfair; I will still play the game of business but will I lose a large part of my motivation. Canada is a nice country, it needs tax dollars to stay nice. If you do business in other countries you might get shaken down by a local warlord or mafiaso, or worse yet the government turns communist and takes away all the wealth you and your family worked so hard to attain. My grand mother's side of the family was wealthy in her native country, the communists came and took everything, life for my grand mother and father was incredibly harsh after that.

If this trend of tax evasion continues, it will lead to something akin to the government having to nationalize privately owned things to stay solvent.

 

[bver_hunter]

Talk to me when you get serious. Trudeau didn't decrease anything. As a matter of fact, we will end up paying more. Especially people who can afford it the least. There's nothing wrong with taxation, but we're beyond reasonable. The loop holes battle was just a political tool. A tool that actually blew up in their face when it turned out that the government decided to go after the middle class professionals. As for the terrorists-
Gitmo belongs to America, so sue Americans.

Trudeau lowered the middle income tax rate from 22% to 20.5%.
Khadr spent 10 years in Guantanamo Bay. His case received international attention after some dubbed him a child soldier.
The supreme court of Canada ruled in 2010 that Canadian intelligence officials obtained evidence from Khadr under “oppressive circumstances,” such as sleep deprivation, during interrogations at Guantanamo Bay in 2003, and then shared that evidence with US officials.
Khadr was the youngest and last Western detainee held at the US military prison in Guantanamo Bay, Cuba.
His lawyers filed a $20 million wrongful imprisonment lawsuit against the Canadian government, arguing the government violated international law by not protecting its own citizen and conspired with the US in its abuse of Khadr. A spokesman for the justice minister did not immediately respond to requests for comment.
https://www.theguardian.com/world/2...onvicted-of-killing-us-soldier-in-afghanistan

 

[jcpro]

Trudeau lowered the middle income tax rate from 22% to 20.5%.
Khadr spent 10 years in Guantanamo Bay. His case received international attention after some dubbed him a child soldier.
The supreme court of Canada ruled in 2010 that Canadian intelligence officials obtained evidence from Khadr under “oppressive circumstances,” such as sleep deprivation, during interrogations at Guantanamo Bay in 2003, and then shared that evidence with US officials.
Khadr was the youngest and last Western detainee held at the US military prison in Guantanamo Bay, Cuba.
His lawyers filed a $20 million wrongful imprisonment lawsuit against the Canadian government, arguing the government violated international law by not protecting its own citizen and conspired with the US in its abuse of Khadr. A spokesman for the justice minister did not immediately respond to requests for comment.
https://www.theguardian.com/world/2...onvicted-of-killing-us-soldier-in-afghanistan

Yes, a decrease. And a provincial and federal imposition of carbon taxes that will affect EVERYTHING. Guess what will happen to that decrease? Oldest trick in the world. As for the Khadr and the Guardian- fuck'em and the horses they rode in on. You do not reward terrorists. Period.

 

[JohnLarue]

If the middle class are paying their share of the taxes, then the rich should do the same..

The top 10% pay 40% of the taxes
The top 20% pay 56% of the taxes

So are the middle class paying their fair share?

You really do not understand what you speak of

 

[bver_hunter]

The top 10% pay 40% of the taxes
The top 20% pay 56% of the taxes

So are the middle class paying their fair share?

You really do not understand what you speak of

Again you come out with the same old, same old. If these are the ones paying their taxes, then good for them. We are talking about the ones "Not Paying Their Fair Share" of the taxes. Not saying all the rich are not paying their fair share of the taxes. Okay, so stop being that pompous, arrogant guy who thinks that he knows it all.

 

[bver_hunter]

Yes, a decrease. And a provincial and federal imposition of carbon taxes that will affect EVERYTHING. Guess what will happen to that decrease? Oldest trick in the world. As for the Khadr and the Guardian- fuck'em and the horses they rode in on. You do not reward terrorists. Period.

Be realistic. The carbon taxes are being implemented by all the nations except one or two. This will only help to speed up the process of eliminating fossil fuel oils in the future for a better environment for our children in the not too distant futures. They one day will not have to worry about the carbon tax or the disgusting CO emissions.
I would agree that Khadr's father and mother are terrorists. But when the 15 year old son is forced to also become a child soldier and has no other option then obviously, the court decides, as in this case.

 

[jcpro]

Be realistic. The carbon taxes are being implemented by all the nations except one or two. This will only help to speed up the process of eliminating fossil fuel oils in the future for a better environment for our children in the not too distant futures. They one day will not have to worry about the carbon tax or the disgusting CO emissions.
I would agree that Khadr's father and mother are terrorists. But when the 15 year old son is forced to also become a child soldier and has no other option then obviously, the court decides, as in this case.

I don't give a flying fuck what other countries are doing. I do care about our people who can't afford to heat their homes while our empty headed grandees jet all over the world spewing more pollution over a weekend than most Canadians will generate in a lifetime.

 

[JohnLarue]

Again you come out with the same old, same old. If these are the ones paying their taxes, then good for them. We are talking about the ones "Not Paying Their Fair Share" of the taxes. Not saying all the rich are not paying their fair share of the taxes. Okay, so stop being that pompous, arrogant guy who thinks that he knows it all.

Then do not lump all tax cheats into the rich category
The term "fair share" should never be used when discussing taxing the rich, because clearly they are paying far more than their fair share

At some point you loonies will have to wake up to the fact that real important issue is governments not being financially responsible with the massive amount of tax they are collecting

 

[toguy5252]

I mean,... who needs corporations,... right,... ???

Or even a minimal understanding of free world economics for that matter.

Everything is simple for a socialists,... until they run out of other peoples money.

I am a staunch capitalist. Tax havens etc. have nothing at all to do with capitalism or free market economics.

 

[toguy5252]

The top 10% pay 40% of the taxes
The top 20% pay 56% of the taxes

So are the middle class paying their fair share?

You really do not understand what you speak of

Why do you look at the distribution of income and compare the percentage taxes paid by groups to the percentage of total income the are earning and wealth they are keeping. If the rich are being over-taxed how is it that the disparity between rich and poor keeps growing..

 

[FAST]

Why do you look at the distribution of income and compare the percentage taxes paid by groups to the percentage of total income the are earning and wealth they are keeping. If the rich are being over-taxed how is it that the disparity between rich and poor keeps growing..

So your "solution" is to increase the tax rate on the rich until there is parity,... ???

That's been tried,... didn't work to well.

 

[toguy5252]

So your "solution" is to increase the tax rate on the rich until there is parity,... ???

That's been tried,... didn't work to well.

Who said that. I certainly never have. The rich have access to all kinds of tax saving strategies so that notwithstanding that they have higher marginal rates they do not pay at those rates. I am a lawyer by training and a top 1% and I use them. they should be closed so that the wealth, myself included, pay their fair share. that is not unreasonable. Look at the growing disparity in wealth over time.

 

[FAST]

Captialism 101

Who said that. I certainly never have. The rich have access to all kinds of tax saving strategies so that notwithstanding that they have higher marginal rates they do not pay at those rates. I am a lawyer by training and a top 1% and I use them. they should be closed so that the wealth, myself included, pay their fair share. that is not unreasonable. Look at the growing disparity in wealth over time.

Wealth creates wealth,... just ask the teachers union.

And the sooner the left accept that, the better they will be,... although Morneau seems to figured that out.

A question,... we keep hearing about this mythical "fair" rate,... just what would that be,... ???

 

[bver_hunter]

Then do not lump all tax cheats into the rich category

Where do you get that notion if the Government are trying to shut the loopholes that certain very rich individuals exploit, then they are "lumping all tax cheats in one category"? Ridiculous statement!!

The term "fair share" should never be used when discussing taxing the rich, because clearly they are paying far more than their fair share

What an illogical statement. Again put on your listening ears. This is only meant to address the ones exploiting certain loopholes.

At some point you loonies will have to wake up to the fact that real important issue is governments not being financially responsible with the massive amount of tax they are collecting

Same old right wing sicko logic. You were proved wrong with the state of the economy and you still go on and on. This is tantamount to jealousy that the previous right wing government could not achieve this economic upswing.

 

[bver_hunter]

I don't give a flying fuck what other countries are doing. I do care about our people who can't afford to heat their homes while our empty headed grandees jet all over the world spewing more pollution over a weekend than most Canadians will generate in a lifetime.

What a stupid statement.

 

[JohnLarue]

Why do you look at the distribution of income and compare the percentage taxes paid by groups to the percentage of total income the are earning and wealth they are keeping.

That is an odd question given how the left always talk about the rich should be paying their "fair share of taxes"
if the top 20% pay more than half of the taxes then it should be clear they ae paying more than their fair share

If the rich are being over-taxed how is it that the disparity between rich and poor keeps growing

.

For starters taxation is not the proper vehicle to address that issue
The purposes of taxation is to provide government with funds to provide services, not to address inequality issues.

penalizing those that generate economic wealth (i.e. are successful) is not a good policy
better to focus on why the poor are not able to generate economic wealth
eg education, opportunity, risk assumption

 

[JohnLarue]

Same old right wing sicko logic. You were proved wrong with the state of the economy and you still go on and on. This is tantamount to jealousy that the previous right wing government could not achieve this economic upswing.

You say the rich need to pay their fair share
I tell you they already do

Talk about tax cheats all you want, just do not equate them with the rich
Just be sure you understand who is really footing the bill for liberal spending how they may react to being tax targeted

I guess in your strange world it is alright as long as someone else is paying

 

[Frankfooter]

You say the rich need to pay their fair share
I tell you they already do

Then you are happy with the divide between rich and poor as it is now and are happy to see it increase?
Perhaps you'd be happier in the US, where the taxes on the rich are going down even more.
Feel free to tell us exactly what your ideal GINI coeffecienct rating is.

 

[FAST]

An idea I want to throw out here.

If a member posts a reply that consists of NOTHING but comments about another member,... that post should be deleted and a running count of the poster,...made by the mods.

Sure would clean up a lot of threads.

But of coarse that would not stop the losers from later editing their useless posts to cover up the fact

 

[jcpro]

Be realistic. The carbon taxes are being implemented by all the nations except one or two. This will only help to speed up the process of eliminating fossil fuel oils in the future for a better environment for our children in the not too distant futures. They one day will not have to worry about the carbon tax or the disgusting CO emissions.
I would agree that Khadr's father and mother are terrorists. But when the 15 year old son is forced to also become a child soldier and has no other option then obviously, the court decides, as in this case.

The silliest post of the month.