Paul Lalonde#cbcnews publishes the Fraser institute's "but the wealthy already pay almost all of the taxes!"
Of course the wealthy pay most of the taxes. When you have low income the tax bite cuts deeply into your ability to pay rent and feed your family. When you have high income you can pay much more without threat of homelessness or starvation.
That's the basis of progressive taxation.
If the FI wants the poor to pay a higher share they should back a flatter income distribution.
https://www.cbc.ca/news/business/wealthy-canadians-fair-share-taxes-1.7179031
Of course the wealthy pay most of the taxes. When you have low income the tax bite cuts deeply into your ability to pay rent and feed your family. When you have high income you can pay much more without threat of homelessness or starvation.
That's the basis of progressive taxation.
If the FI wants the poor to pay a higher share they should back a flatter income distribution.
https://www.cbc.ca/news/business/wealthy-canadians-fair-share-taxes-1.7179031
ANALYSIS | Do wealthy Canadians pay enough taxes? That depends how we define 'fair share' | CBC News
The federal government announced an increase in capital gains taxes as a way to ensure the wealthiest Canadian pay their fair share. But how exactly do we determine what a "fair share" is? Especially if, as some data suggests, the wealthiest are already paying a larger share of the overall income tax burden.
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