You have my vote to be king for a day :)
>Canada may be progressive, but taxes are regressive. Value added and sales taxes hit the poorest in a disproportional amount. So if we must have taxes, then income taxes are typically not regressive. If I were king for a day, there would be only be a personal income tax. However, I would structure it so a percentage of the value of any luxuries (boats, yachts, houses) you enjoy as a corporate suit in lieu of a "salaried" income would count as your income.
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>What Canada is trying to do goes against international taxation, trade, and possibly NAFTA. This is just a government money grab, and there is no way I believe that, if this stands, the financial viability of the UT might not be jeopardized. It just depends on affordability and principal.
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