[BartSimpson]

DrCaleb DrCaleb:

BartSimpson BartSimpson:

For instance, most of Venezuela's former wealthy class are now enriching neighboring Colombia.

If they weren't contributing their fair share to democracy, they won't be missed anyhow.

And we all know that Venezuela is so much better off now that they chased away their middle class and the wealthy.

[Thanos]

BartSimpson BartSimpson:

Hmph, point of fact is that Mrs. Bart and myself divested of our real estate holdings in Canada due to rent control issues and due to the increasingly regressive tax structure that discourages foreign investment.

And thanks to President Trump we were able to repatriate over US$1 million and only pay simple income tax. That was a gain to the US and California and a loss to Canada which collected exactly fuck all from those transactions.

I'd like to think that in some world a happy medium exists. One where robber barons protected by their servants in conservative politics don't get away with the literal murder of entire economies. And one also where some nitwit from a left-wing party like the NDP or Liberals can't dream up things, like saying someone who makes $60 or 70K before taxes is "rich" and has to give up every drop of blood in their veins that the government can leech from them.

Unfortunately such a world no longer exists. The middle of the road has caved in completely and all that's remaining of the former pathway are the shit-filled gutters of the left and right extremes.

[uwish]

Thanos Thanos:

BartSimpson BartSimpson:

Hmph, point of fact is that Mrs. Bart and myself divested of our real estate holdings in Canada due to rent control issues and due to the increasingly regressive tax structure that discourages foreign investment.

And thanks to President Trump we were able to repatriate over US$1 million and only pay simple income tax. That was a gain to the US and California and a loss to Canada which collected exactly fuck all from those transactions.

I'd like to think that in some world a happy medium exists. One where robber barons protected by their servants in conservative politics don't get away with the literal murder of entire economies. And one also where some nitwit from a left-wing party like the NDP or Liberals can't dream up things, like saying someone who makes $60 or 70K before taxes is "rich" and has to give up every drop of blood in their veins that the government can leech from them.

Unfortunately such a world no longer exists. The middle of the road has caved in completely and all that's remaining of the former pathway are the shit-filled gutters of the left and right extremes.

That only happens because we let it...and while sometimes I feel your pain, the median household income in Canada is around the $73K mark / yr...but they still will not tell you what 'middle' class is.

There are trying to re-write the narrative so they can get more tax revenue..the entire point of carbon taxing and wealth redistribution.

[Thanos]

uwish uwish:

That only happens because we let it...

The multi-generation lie of democracy led us peons to believe we had some power in this world. We never did. We never will. It's the same system now as it's always been, one where those with the most will always be able to do whatever they want to everyone and anyone else.

Gotta give up the belief it will ever be fair or balanced. False hopes are the cruelest things in this world.

[BartSimpson]

Canada is not a democracy.

[Thanos]

BartSimpson BartSimpson:

Canada is not a democracy.

Nope. And most of us don't know what it is anymore. My best guess is it's an illusion that's rapidly fading away, like a fogbank obscuring a dank background does when the warmth of the sun hits it. When the mist disappears it's no long possible for anyone with eyes that still see to ignore the rot that was hiding behind it.

[DrCaleb]

uwish uwish:

DrCaleb DrCaleb:

uwish uwish:

I never said Capital Gains I said personal income tax,

Still not reading what I write, eh? I still wont defend arguments you think I make.

That's why I posted that graph from Stats Canada on the income tax paid by various groups. Notice, the top .01% line is just barely even on the graph, and the top 10% line is the top of the graph, with the top 5% under that, and the top 1% under that.

still can't do basic math I see...

That chart you posted outlines the top income earners in the country. The top 10% and higher...you can clearly see if you goto the table and do some basic addition that the top 10% in the country pay the majority of personal income tax.

Thanks for proving my point.

And your point was . . ? Minimum wage earners are in the top 10% of tax contributions?

My point was that millionaires don't pay the 40% of their wages to income tax that a minimum wage earner does, and the chart proves my point.

uwish uwish:

and you still have not answered my question, how many min wage jobs would it take in tax revenue to replace a single millionaire?

I did not write 'revenue' therefore I will not defend an argument I did not make. I have always been a fan of a flat tax rate, and will continue to be.

[uwish]

now that is a dodge. Fine call it income tax then instead of tax revenue and answer the question..

and I too am a fan of a flat tax. I hate the 'regressive' tax structure, one of the first things the Alberta NDP did when they got in was move away from the flat tax..

any BTW that chart proves NOTHING of what you claimed. It simply outlines the income ranges for income brackets. That is not a graph of REVENUE or TAX collected in dollars but their representative portion of that bill.

and from the same report..

"The top 1% of tax filers received 9.9% of total income in 2017, and they paid 21.1% (correction) of the income taxes collected by the federal and provincial/territorial governments."

so just the top 1% paid 21.1% of all income tax collected both federal and provincial..now expand that to the top 10% (anyone making over 6 figures) and that figure jumps to over 70% of all income tax collected in Canada.

so if you hate the uber rich the top 1% where are you going to get that 21.1% of tax income tax revenue?

[llama66]

BartSimpson BartSimpson:

Canada is not a democracy.

No country truly is, Democracy now means Democratic Oligarchy. No longer is our "public servants" beholden to the people.

[DrCaleb]

uwish uwish:

now that is a dodge. Fine call it income tax then instead of tax revenue and answer the question..

What you call a 'dodge' has been called 'logical argument' for 2000 years. Responding to someone's red herring is bad form.

[uwish]

Bad form because you got schooled

[DrCaleb]

Are we reading the same thread? I make an argument, I defend it. That's how this works. I don't get 'schooled' because I don't defend something you made up.

If you want to make an argument, go for it. But I won't defend your arguments.

[uwish]

I beat you on the head with your own argument by using the data you posted. Seems like a schooling to me skippy..

DrCaleb DrCaleb:

uwish uwish:

do you know how many min wage jobs it would take to replace the taxes paid by a millionaire?

One. Two, maybe.

[Sunnyways]

BartSimpson BartSimpson:

DrCaleb DrCaleb:

Millionaires have methods of tax avoidance that most people don't.

Like wire-transferring their accounts to the Caymans and then getting on their private plane and flying there...permanently.

The rich are the most mobile segment of society in any country these days and most of them are wise enough to hold two or more passports and citizenships that facilitate their rapid movement from one jurisdiction to another.

.

They’re mobile but most of them don’t actually move abroad. I have no objection to people who take that step and do that. The problem in the UK is that you can leave your tax liabilities behind but keep your passport and visit the UK each week. That’s not really being any sort of exile.

[DrCaleb]

uwish uwish:

I beat you on the head with your own argument by using the data you posted. Seems like a schooling to me skippy..

DrCaleb DrCaleb:

uwish uwish:

do you know how many min wage jobs it would take to replace the taxes paid by a millionaire?

One. Two, maybe.

And when did you do that?

Quote yourself showing me that Millionaires pay 40% of their income, like minimum wage earners do. The chart I posted show they pay roughly 15%, so two of them would pay 30%, nearly what a burger jockey would.

Perhaps logical argument isn't for you.