afransen
Senior Member
299, what you tell those people is: be happy that you have to pay more tax! The effective tax on income in this country is never higher than about 55%, so if you pay another dollar in income tax it means you have a dollar you didn't otherwise have (because you grossed $2).
Some people also have the odd misconception that if they earn that last dollar to push them into the next tax bracket that they have to pay that rate on the entire amount they've earned.
Harper's background as an economist is what makes it inexcusable that he pushed through the GST cuts. If he were a dumb populist, you could potentially forgive the poor policy judgement, but he definitely knows better. He chose to cut the GST for shrewd political reasons, and that alone, to the detriment of Canada.
Beez,
I'm not necessarily opposed to a flat tax with a high cut-off (something a reasonable bit above the poverty line and adjusted for dependants). I don't think that the rate be flat is all that vital; it's mostly a psychological thing...
Some people also have the odd misconception that if they earn that last dollar to push them into the next tax bracket that they have to pay that rate on the entire amount they've earned.
Harper's background as an economist is what makes it inexcusable that he pushed through the GST cuts. If he were a dumb populist, you could potentially forgive the poor policy judgement, but he definitely knows better. He chose to cut the GST for shrewd political reasons, and that alone, to the detriment of Canada.
Beez,
I'm not necessarily opposed to a flat tax with a high cut-off (something a reasonable bit above the poverty line and adjusted for dependants). I don't think that the rate be flat is all that vital; it's mostly a psychological thing...