Should Canada raise or lower the tax rate for corporations?
Canada currently levies a 15% - 26% tax on all businesses and each province levies an additional 11% - 16% tax rate. The average corporate tax rate worldwide is 22.6%. Opponents of argue that raising the rate will discourage foreign investment and hurt the economy. Proponents argue that the profits corporations generate should be taxed just like citizen's taxes.
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@8Q5CJW34yrs4Y
Raise by 80%-90% at progressive rate.
@8PYXCGL4yrs4Y
Raise starting at 60% for small corporations and progressively raise the tax rate depending on the size and net worth of the corporation in question.
@8KLHHQY4yrs4Y
Raise on all corporation types accordingly to their income.
@8DC73B25yrs5Y
Raise by 70-90%, government should own all business and we should collectivize and nationalize all industry in Canada.
@8D4X4PW5yrs5Y
Increase for all types of businesses, If you start a business you must pay tax.
@8ZSJL5B3yrs3Y
Raise by 95-100% on corporations, such as Walmart and Costco and to 80-94.999% on medium-large sized corporations and to 70-79.999% on medium sized corporations, and smaller corporations and businesses paying 45-50% taxation.
@8XCDZYT3yrs3Y
Raise, for large businesses at 100% and for small businesses at 85%.
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