XPost: can.politics, bc.politics, ab.politics   
   XPost: ont.politics, man.politics, sk.politics   
   From: gregcarrsober@gmail.com   
      
   On 30/04/2014 3:56 PM, {~_~} Раиса wrote:   
   > Many corporations have already filed THEIR taxes - and they paid   
   > nothing.  Zilch . . . nada. . . . zero . . .   
   > They can move profits around between a dozen different companies to make   
   > sure they're not taxable in a single one of them.   
   > Can YOU, as an average taxpayer, do that?   
      
   No but if I stopped attending Lions games and concerts I could take the   
   money I previously spent on these amusements and invest in these   
   companies that pay no taxes or maybe invest in a profitable oil company.   
   >   
   > Take a look at this synopsis - and then remember that when the Harper   
   > Cons tell you that 'Canada's economy is strong', they're really saying   
   > 'Corporations are making more money than ever'. Too bad many of them   
   > don't pay taxes, eh?   
   > __________________________________________   
   > CBC News Posted: Apr 30, 2014   
   >   
   > Top 1% taking lion's share of global growth, OECD says   
   >   
   > 37% of growth in last 30 years has gone to Canada's wealthiest   
   >   
   > The top one per cent of income earners have taken a disproportionate   
   > share of overall income growth over the last 30 years, in Canada and in   
   > most OECD countries, according to a study by OECD economists.   
   >   
   > In Canada, the top percentile of earners captured about 37 per cent of   
   > total growth in the last three decades, according to an analysis of tax   
   > filings by the OECD in 28 member countries with advanced economies.   
   >   
   > That explains why economic growth is not leading to improved incomes for   
   > the rest of us – the 99 per cent, the study found.   
   >   
   > The Organization for Economic Co-operation and Development paper urges   
   > governments to reconsider tax policies implemented in the past 30 years   
   > that have reduced the amount paid by the wealthiest income earners, as   
   > well as providing preferential treatment for capital gains and   
   > dividends, sources of income most likely to be held by the one per cent.   
   >   
   > Canada is second only to the U.S. in its growing inequality. In the   
   > U.S., about 47 per cent of total growth went to the wealthiest one per   
   > cent between 1975 and   
   > ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^   
   > 2007, compared to 37 per cent in Canada, while in Australia and the   
   > U.K., about 20 per cent of growth went to the wealthiest.   
   >   
   > In Nordic countries and in France, Italy, Portugal and Spain, about 90   
   > per cent of growth went to the 99 per cent of middle and low-income   
   > earners in the same period.   
   >   
   > The growing gap between rich and poor was a focus of the Occupy   
   > movement, which resulted in mass protests and sit-ins in New York,   
   > Toronto and other cities in 2011 and 2012. It also became a flashpoint   
   > last year, during protests over the low U.S. minimum wage.   
   >   
   > According to a recent Oxfam report, the wealthiest 85 people in the   
   > world hold as much wealth as the poorest half of the planet's population   
   > – or about 3.5 billion people. The issue of income inequality is being   
   > raised by the International Monetary Fund, by the Davos forum and by the   
   > Conference Board of Canada as a concern.   
   >   
   > Larry Summers, who was secretary of the treasury under Bill Clinton and   
   > is now a Harvard professor, has pointed out how the constant push for   
   > tax cuts and the erosion of union bargaining rights has led to greater   
   > income inequality.   
   >   
   > Like the OECD, he advocates tax reform.   
   >   
   > “There’s a concern that if you tax capital, capital will move out.   
   > That’s why this has to be done in a spirit of global co-operation,” he   
   > told CBC News in an interview last month. Summers said a global pact on   
   > taxing capital would help prevent tax avoidance and tax evasion.   
   >   
   > The OECD points out that most member countries have reduced rates for   
   > top income earners, with the average dropping from 66 per cent in 1981   
   > to 41 per cent in 2008.   
   >   
   > “Higher disposable income makes it easier for the one per cent to save   
   > and accumulate capital, which eventually increases incomes further,” the   
   > OECD report said.   
   >   
   > Taxes on dividends and capital, which make up a greater proportion of   
   > the income of the wealthiest taxpayers, have been cut.   
   >   
   > The study calls for higher marginal tax rates and fewer tax deductions   
   > and credits aimed at high income earners. It also advocates wealth or   
   > inheritance taxes.   
   > ___________________________   
   >   
   > Why the rich get richer and the poor get poorer   
   >   
   > Amanda Lang answers your questions on income inequality and the 1%   
      
   I notice you don't mention the names of any companies doing business in   
   Canada that don't pay any taxes.   
   --   
   *Read and obey the Bible*   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)