Try the political quiz

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@ISIDEWITHDiscuss this answer...7yrs

@ISIDEWITHDiscuss this answer...7yrs

No, too many wealthy citizens are abusing loopholes in offshore banking laws to evade taxes

@94DW2ZYfrom Ontario  answered…3mos

Yes, but a wealth tax should be put in place to account for using loopholes

@942M326from Nova Scotia  answered…4mos

No, criminalize this practice and neither should corporations or business organizations.

@93TM7X6from Nova Scotia  answered…5mos

No, make this illegal and establish a watchdog ageny to ensure compliance, all offshore income will be frozen and sent back to Canada for taxing.

@92YHQCV from California answered…6mos

No, and neither should corporations and business organizations because too many wealthy citizens are abusing loopholes in offshore banking laws to evade taxes

@937LMWDfrom British Columbia  answered…6mos

yes, why does it matter to Canada where money is located, as long as when it was earned taxes were payed on it.

@8ZSJL5Bfrom Ontario  answered…9mos

No, neither should corporations and business organizations and too many wealthy citizens are abusing loopholes in offshore banking laws to evade taxes.

@8YJ6ZGY from Michigan answered…11mos

 Deleted answered…12mos

Yes, but close all loopholes for both citizens and corporations associated with offshore accounts, and mandate the reporting of offshore income to prevent abuse and tax evasion.

 Deleted answered…12mos

Yes, but eliminate all loopholes associated with offshore accounts and mandate the reporting of offshore income to prevent abuse and tax evasion. Also, hold political officials more accountable for their own immoral actions.

 Deleted answered…12mos

Yes, but eliminate all tax loopholes associated with offshore accounts and mandate the reporting of offshore income to prevent abuse and tax evasion. Also, hold political officials more accountable for their own immoral actions.

@8XDRVQTfrom Alberta  answered…1yr

@8WNZXJ4 from Ohio answered…1yr

Only allow those within a certain range of money utilize the offshore bank accounts. Those who have abused it don't deserve them, but that shouldn't take them away from everyone unless there is too much corruption in it.

@8PD23XN from Missouri answered…1yr

Yes, but they should have to declare it and pay a fee on all offshore money

@8VVWQC7from Ontario  answered…1yr

@8VHLQFBfrom Alberta  answered…1yr

Doesn't really matter unless it's in a bank where they can hide their money either because of criminal activity or to avoid paying taxes. It would only matter if we had a public bank.

@8VH4ZRZfrom Ontario  answered…1yr

@8VH2TZWConservativefrom Quebec  answered…1yr

Yes, but it has to be properly reported and enforced. Penalties for improper use or declaration should be extremely heavy. Something like forfeiture of 50% of the value of the off shore account, 25% to be donated to the provincial healthcare system of their choice and the remaining 25% can be released.

@8VH22SVfrom Alberta  answered…1yr

No neither should government officials or corporations or businesses

@8VFM77Jfrom British Columbia  answered…1yr

They should be able to as far as they disclose all the income earned from that money.

@8VFD2CZfrom British Columbia  answered…1yr

@8VB3NZ2Greenfrom Ontario  answered…1yr

Yes, for private citizens as long as we close loopholes that assist in tax evasion. No for corporations

@8V95QN2from Ontario  answered…1yr

No, we should ban this practice for corporations, business organizations and people and too many wealthy people are abusing loopholes in offshore bank accounts to evade taxes

@8V4C6JNfrom Alberta  answered…1yr

My stance is no, but I’d be worried about wealth leaving the country with such restrictions which would be damaging.

@8TWZJFZfrom Ontario  answered…1yr

Yes for citizen as long as offshore income is reported and considered, so that they can't qualify for benefits if they don't actually need them and corporations and business organizations should NOT be able to save or invest their money in offshore bank accounts.

@lucasnat0r from Illinois answered…1yr

Yes but they should be incentivized to invest in the country they live in.

@8TN4GLWfrom Quebec  answered…1yr

Yes, and saving and investing money in offshore bank accounts should be made easier as doing so wouldn’t be necessary if taxes were decreased significantly.

@8TF44GJ from Washington answered…1yr

Yes, as long as offshore income is reported, and close loopholes in off-shore banking laws

@8RB2K9D from New York answered…1yr

Yes, as long as offshore income is reported, and as long as they are under a certain income

@8RB2K9D from New York answered…2yrs

@8RJTBVGfrom Ontario  answered…2yrs

Yes, but only in safe countries such as the US and UK, and monitor it so that it is not abused by the wealthy.

@8RDZZDL from Indiana answered…2yrs

Yes, as long as offshore income is reported and there are laws passed to stop offshore tax loopholes

@8R9YBHVfrom Alberta  answered…2yrs

Yes but there should be bonuses to moving the money back into Canada for investments and higher taxes when the money is removed from investments without being put into canadian investment

@IINXMP from Pennsylvania answered…2yrs

@oscitarefrom Ontario  answered…2yrs

Yes, as long as offshore income is reported, but don’t allow corporations and business organizations

@8QTX67Rfrom Alberta  answered…2yrs

@8PZ7LSP from Indiana answered…2yrs

Yes, as long as offshore income is reported, though remove all loopholes to stop abuse of this

@8PYXCGLfrom Ontario  answered…2yrs

Depends on what their net worth is, if not a millionaire or billionaire, yes, but if you are making more than $1,000,000, absolutely not.

@8PK8YRRfrom Ontario  answered…2yrs

@8PJHVJN from Pennsylvania answered…2yrs

@7W3SBDC from Florida answered…2yrs

 @buday4vancouverLibertarian from Washington answered…2yrs

Only in freer part of the world. Not communist or fascist states.

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