• healthetank@lemmy.ca
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    1 day ago

    And since WHEN in the history of mankind, if a gov has saved some money in other areas, have they LOWERED taxes due to the savings? Never.

    Governments lower taxes all of the freaking time. This last federal election it was one of the largest points that all three major parties were proposing.

    Because the only people who support it are students and academics and think tanks. The rest of us live in reality and are sick of our very high tax burden in Canada. So enough with the studies, kill this idea once and for all.

    False, I live here and work here and support exploring the idea to see what and how it would work. You can’t know how expensive it is based solely on theories, so we NEED to run these studies to show it either is or isn’t more expensive. Especially given our single-payer healthcare, reductions in healthcare spending due to better life circumstances/proper nutrition can very quickly and easily make up significant costs spent elsewhere.

    Canada’s tax burden is not actually that high. Curious what you’re comparing to. Taking Canada’s average income of $55,000, they pay effective rates of 13-20%, based on your province.

    Taking a few US cities as comparison,, Georgia is at ~20%, while Michigan sits at 19% because they have a city income tax rate. California falls around the 19% mark as well. BUT many of those places have cities which also have rates ranging from 0.5 to 2.5%.