Your second paragraph contains so much apples-to-oranges, it might as well be a fruit salad. Can you join the two concepts of "1% of earners pay 42% of taxes" and "tax rates are 1/3rd of what they were" without me explaining it to you, or do I have to type WEALTH INEQUALITY very slowly, again.
Are you a free market capitalist?
1: Pay your taxes. If you chose not to pay taxes in this country, you may leave it. If you are a corporation, that goes for your business license.
2: If the monopolistic large corp does not exist, other corporations will spring up to fill the need in the market. Some may be more efficient and succeed, some may be less efficient and fail. This is good, actually.
If the government is protecting business, that is not free market capitalism. That's soy boy corporations not being able to swim without government-sponsored safe spaces.
Canada has resources that make it attractive. If you don't care for the country and what it has to offer, in exchange for your fair contribution to society, you are free to leave. <- and that should be government policy.
#1. you will never solve wealth inequality
it is part of human nature
#2. i get furious when ever i see someone telling another citizen to get out if the do not like govt policy
stop that
#3. The truth of the matter is we are definitely taxed too much
1/2 of Canadian families are $200 away from being insolvent and taxes are their largest non mortgage expense
and this does not include the massive future tax burden due to irresponsible govt debt
in the U.S.
The Tax Cuts and Jobs Act (TCJA) made many significant, but temporary, changes to the individual income tax code to lower tax rates, widen brackets, increase the standard deduction and child tax credit, and more.
taxfoundation.org
- The top 1 percent’s income share rose from 22.2 percent in 2020 to 26.3 percent in 2021 and its share of federal income taxes paid rose from 42.3 percent to 45.8 percent.
- The top 50 percent of all taxpayers paid 97.7 percent of all federal individual income taxes, while the bottom 50 percent paid the remaining 2.3 percent.
so there is definitely tax burden inequality as 1/2 of the U.S taxpayers are getting a free ride
the govt debt burden in the US is astronomical 37 trillion
the debt the US govt has accumulated in its 240 year history is projected to double in the next nine years given the status quo
20% of govt revenues are currently spent on servicing the interest costs on the current debt
this is a ticking time bomb and needs to be addressed
now
a U.S. govt default will cause a world wide
Depression.... not a recession, but a
Depression