If you are ideologically opposed to income splitting for families, why wouldn't you scrap it for seniors? What is the distinguishing principle between income splitting for people with kids and income splitting for people who are retired?
Income splitting benefits only fifteen per cent, mostly the wealthiest Canadians, but it's paid for by everyone.
I think it's terrible for people in effect to say that income from investment should be taxed at a much lower rate than income from labor.
Infrastructure is one of the core responsibilities of government and one that cannot be shortchanged by other controversial spending. I believe investment in infrastructure pays dividends for decades and is a wise investment of taxpayer dollars.
Affected hundreds of thousands of ordinary Canadians who have invested in mutual funds that invest in income trusts.
[High income tax rates] not only check consumption but discourage investment and encourage...the avoidance of taxes [rather] than the production of goods.[...]Our present tax system...reduces the financial incentives for personal effort, investment, and risk-taking.
I'd like to see more Canadians of diverse backgrounds engaging with parties that line up with their convictions and ideologies to make sure that no party gets to run against Muslim Canadians or any other group of Canadians and demonize them.
Deflation means a slowdown of income growth. Markets shrink, new capital investment and employment also taper off, so wages decline. That is what's happening as deliberate policy in Europe and the United States. Falling or stagnant prices are simply the result of having less income to spend.
Many people do not understand that business investment is a critical prosperity-booster, leading to more jobs, higher wages, and stronger family income. Put another way, rising tax and regulatory burdens that penalize investors and businesses also punish middle-income wage earners.
Income splitting is a cynical policy, designed by a tired government short on ideas, now reheating old concoctions as their next campaign policy menu.
Most Canadians previously had no idea what went on in the residential schools. You tell Canadians the last one closed in 1996, they are appalled. So now that Canadians are aware of residential schools, you'd think there would be a huge impetus for progress. It hasn't, and that's amazing.
During a period of time when Italy is talking about splitting northern and southern Italy, France is talking about splitting with Corsica and Normandy, England is talking about splitting with Wales and Scotland and England. And it goes on and on and on.
Never depend on single income. Make investment to create a second source.
No climate plan can leave workers and communities behind nor trample the rights of Indigenous communities. Canadians must have opportunity and income security during economic transformation.
When investors, particularly investment bankers, talk about splitting up companies, there's a lot of discussion about multiple expansion, and the reality is multiple expansion is an outcome, not a strategy.
My rich dad taught me to focus on passive income and spend my time acquiring the assets that provide passive or long term residual income...passive income from capital gains, dividends, residual income from business, rental income from real estate, and royalties.