01-24-2020, 11:26 AM
Ironically, I probably understand marginal tax rates as well as anyone else on this thread . A better use of words may have been along the lines of 'the middle class is not in a position to pay more of their money in tax(es)'...but keeping my words as is and, as another poster briefly referenced, when you do factor in static HST set at 13% for everyone, then yah, they may actually be paying a greater proportion of their money in tax (tax as a whole).
But I'm going to weigh out of this facet of the discussion because I probably won't see eye to eye with most - not because I'm some card carrying PC who wants to 'cut taxes' and cut services, but because fundamentally, the system is flawed. Just grasp for a moment how much of your - already taxed - $1 of income is in turn then taxed when it is circulating in the economy. I also don't have a better system for you that is laid out in some master integration plan and would satisfy 100% of the population.
But I'm going to weigh out of this facet of the discussion because I probably won't see eye to eye with most - not because I'm some card carrying PC who wants to 'cut taxes' and cut services, but because fundamentally, the system is flawed. Just grasp for a moment how much of your - already taxed - $1 of income is in turn then taxed when it is circulating in the economy. I also don't have a better system for you that is laid out in some master integration plan and would satisfy 100% of the population.