The Dash Show - Taxation

The DASH Show episode about Tax Reform, Tax Fairness.

Show #7: TAXATION REFORM

Discussion points:
- The taxation system has become too complicated, lots of loopholes and advantages
- So complicated that you need an accountant, even for personal or small business
- The current system gives advantage to rich people and encourages evasion and fraud
- Regular employed Canadians pay high taxes in full, richer people can play around
- Example: compare same income, salaried vs. contract employee - tax write-offs make the difference
- A simple tax structure can be managed with less gov't admin, will reduce fraud, evasion, opens door for leveling tax burden (rich vs. poor)
- Other ideas: replace personal income tax with employer payroll tax, property tax - reflect rich vs. poor better and eliminate gov't admin as only companies would file a tax return, less 20+ million Canadians' personal returns.

Solutions suggested:
- Reform - simplify taxation, win-win for all - reduce overall tax rates, eliminate the admin layer, spread the tax burden to richer Canadians

Have Your Say! Vote and Comment on the OPC website issues:
- Tax Simplification and Fairness: https://www.onlineparty.ca/issue.php?ISSUEID=85
- Tax System Reform: https://www.onlineparty.ca/issue.php?ISSUEID=14
Show Host: Nick Savage Guests (audience representatives): Kevin, Nela

Panel: Andrew Moran, www.DigitalJournal.com, Kapil Mahajan, CA

Category:

News & Politics

Tags:

• Tax Reform
• Tax Fairness
• Tax Loopholes
• Taxation
• Online Party of Canada
• OPC
• Michael Nicula
• The Dash Show

[varunmahajan2007]

brother u really did fantastic job