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You are in a fantasy world. Fraud, corruption and dodging taxes are some of the ways massive weath was created. Read Sean mcdirmonds comments above. Canada does
by turnip1979 11y ago
You are in a fantasy world. Fraud, corruption and dodging taxes are some of the ways massive weath was created. Read Sean mcdirmonds comments above. Canada doesn't tax assets ... if u stole money in China and managed to bring it into Canada, what taxes did you pay? The paltry property and sales taxes? Also, it is an uneven playing field .. if I stop paying taxes, I'll go to jail. How is this right?
- FussyZeus 11y agoThe wealthy act rationally, if you could hide your assets from the Tax man don't tell me you wouldn't. The fact that you're incapable of doing it doesn't mean other people can't. If there are loopholes, they will be exploited. The solution is to fix the damn loopholes.
- turnip1979 11y agoIn a democracy, people talk and complain to get ineffective laws changed. My fear is that if the government doesn't act soon, the backlash will be against all immigrants. Just like the idiots are vilyfing 1% of the highest income earners.