Richest 1% are now wealthier than the rest of the world combined, Oxfam Says

[Hamloc]

Chuck2 you are correct about the fine print. I was referring to the graph comparing sales tax rates, it shows only the federal GST at 5% and does not include any of the provincial sales tax. I therefore assumed they were not included in the calculation.

I am curious, how many agrivillers are in favour of a 25% sales tax? How many are in favour of raising our taxation level from 30% of GDP to 47% of GDP like Denmark?

[Hamloc]

One other question, if high taxation is the answer why do the provinces in Canada with the highest taxes also have the highest debt?

[fjlip]

Economies need consumer spending to make GDP increase every year/ quarter or all negativity breaks out. Sales taxes hurt consumers when they spend, how can that be a preferred tax. Killing GDP. Income tax is the fairest.

[blackpowder]

Why dont they publish the contribution to gdp the 1% are responsible for??
Farmers today are definitely in the top 10%. Looking at my gross sales and the thin % I live on, I'm supposed to feel guilty? People whose utopia involve perfect equality have jealousy as a root emotion.

[sumdumguy]

Top 1% are what income range?