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Canada socioeconomic politics: Difference between revisions
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* safety & law | * safety & law | ||
** http://lexum.com/en/academic/declaration.html | ** http://lexum.com/en/academic/declaration.html | ||
=== Taxes === | |||
From [http://www.theglobeandmail.com/globe-investor/personal-finance/tax-centre-2010/why-you-should-file-your-tax-return-now/article1515437/ G&M article on tax filing] — | |||
exbanker: | |||
<blockquote> | |||
I always believe the Canadian Income Tax Return System is flawed....it taxes on the uneducated and the ignorant. If you are completely unaware of the tax credits/tax saving strategies, you end up paying more than you should. A fair tax system should be something where an average Canadian can fill out the income tax return do without going to an accountant/tax specialist. | |||
</blockquote> | |||
Total Serenity: | |||
<blockquote> | |||
We shouldn't have income taxes at all. I did the math during budget time and I think it worked out that if you increased the GST to 16 % you could eliminate all income taxes in Canada. That would save us millions of hours of compliance work every year and since businesses already collect the GST it wouldn't add an extra burden to them.<br /> | |||
...<br /> | |||
Too much money is wasted on pointless compliance in this country | |||
</blockquote> | |||