Do the “rich” deserve a tax cut?
Just remember, when you’re talking about, oh, we’re just going to run up the taxes on a certain number of people — first of all, real rich people figure out how to dodge taxes. And the small business owners end up paying a lot of the burden of this taxation. The policy centre contends that taxes have dropped, on average, by two per cent from 1990 to 2005. However, the added relief was not spread out over income levels meaning the highest earners received the most benefits while those at the bottom of the scale saw their levies rise. A family with an income of $13,523 — the lowest 10 per cent of family earnings — were paying 30.7 per cent in federal and provincial taxes, representing an increase of five percentage points. The rich always reap the benetits. The old saying “the rich get richer and the poor get poorer” is very much reality in this world. There’s along way to go yet to see “equality!” Taxation systems should be geared more towards support of families. Many families strug
