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The toronto star reports that the top 20% is earning more:


...........Income of top 20% of families.

2001-2004 45.8% of family income.

1976-1979 38.7% of family income.


This strikes me as a big increase and a high level of disparity. If you wanted to spend more on programs, say anti-poverty, these would be the people that could pay for it.

   

if you want to subsidise wages I can say maybe depending how it's done if you want to give people who do nothing good for society more money to sit on welfare for a generation because there is too much money in our social programs then I hope never.

Besides if you took all the wealth of everyone in canada and leveled it out at 100,000k/per person or whatever.

In one year 20% would be broke and would want the rich to pay again because they are nitwits. I have losers in a borther and sister who throw their money away because they are idiots and you want me to pay for it?


Almost 30,000 canadians a year are leaving for the USA in no small part because our taxes are too high. We waste billions. There is a parking lot near my house with 50 almost new govt vehicles in it they were placed there when martin was in power and have just sat there. Now did you pay enough taxes this year to cover one year worth of one of those vehicles depreciation?



Besides these numbers come from the Star I don't trust em, not at all.

   

Well I do support higher minimum wages. With CEO's making more and more why can't the people on the bottom get a break with a higher wage. Plus they ain't these "welfare bums" because they are acutely working. Many Canadians see that they can make more money just sitting at home on welfare then going out and working for a low minimum wage. Increase the minimum wage and more people will be likely to work if they make more.

   

This strikes me as an indication that more Canadians are doing what it takes to be prosperous and successful.

Their success and their willingness to leave their earnings taxable instead of harbouring their funds in legal tax shelters means that Canadas revenue is increasing as well.

Why punish these people for their success and cause them to shelter their funds from taxation just as they did in years past - thereby causing actual revenues to decline?

   

Probably because they weren't needed when they were purchased and they still aren't needed.

   

Great and just when I was thinking I need a car but I can't afford to buy one. Tell em' I will take one preferably blue or red and 2 door is fine

   

Gee, the Feds waste money... just wait until the media finds out about this one.

   

I'm confused. We should raise Taxes because the Rich are getting Richer?

Income disparity certainly can be a problem, but I don't think we are anywhere near it being a problem just yet. Also, in these times of healthy Federal Government Surplus, it makes no sense to raise Taxes.

Adjusting the minimum Wage seems the only logical choice IMO, but even then it may not address the issue.

   

Sandorski

Good post!

Well done!

   

Where's my "hockey puck"?

   

Lots of people want more social spending. I'm just saying there's the possibility of paying for it.

Things like day care and home care are synergetice. Day care would get more people working and paying taxes so their may be net benefit. Home care would keep people out of nursing homes and hospitals which are very expensive and so again there might be net benefit.

I myself live in a household where the wife is the major income earner so I'm not even allowed to have an opinion on taxes.

   

If people were doing what they are supposed to make money then supply and demand would take over in theory and disparity would drop. In fact a lot of people are upward aspiring but the reason they get ahead is that they get into big corporations or they get the experience necessary. I don't think it's simple hard work and ability.

   

sandorski

The HOCKEY PUCK posted after your post.

No hockey Pucks for clear, concise, reasoned, thoughful posts.....

BTW what are you smoking....or did you have an epiphany?

   

Yeah, yeah tax the rich to feed the poor eh? Even though they are paying more taxes than anyone already. Keep that up and I imagine quite a few more people will be moving their assets elsewhere or leave the country.

   

Smoking nothing, no epiphanies. As I've posted many other times, but some of you refuse to accept, I'm not a Liberal. Not a Conservative either. Partisanship is dumb.


I am saddened by the lack of "hockey puck" though.

   

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