Government of Canada Tax | Canadian Taxation

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Democracy Code of Canada - To Restore Canada Into the Hands of the Ordinary People:

Democracy Code - Taxation

Moving Canada Forward With Higher Wages and Creating Canadian Industry.

Canadians need taxation back to 1970 levels. Biggest taxation fraud in Canada and around the world has common people believing that giving more tax breaks for the wealthy billionaire international elite creates more high paid Canadian jobs and and encourages Canadian business to grow. The proof is in the pudding. Fair taxation will once again encourage the wealthy to spend money on business and wages in order to avoid paying tax.

A Taxation Structure of Canadian Better Times

It has always been said and true today that for new businesses to be created there needs to be deep pockets of wealth to invest into those business. The problem is the wealthy are no longer creating industry that pays employees no more than minimum wage. Families are finding it very difficult to provide for themselves and family.. without Government financial programs. Wages are falling, Government Taxation on wealth is falling. International taxation agreements are being signed by the Government of Canada without any population consent.

The hoarding of money at ordinary Canadians expense has no place in Canada. Generating wealth is encouraged but a refocusing on Canadian priorities is required to ensure no-one is left behind. Let's provide the ability to earn a reasonable rate of return on investment while looking after one another at the same time.

Government Handouts Come with Future Population Compliance.

As industry reduces wages, Government handouts are increasing within most western democracies and not only in Canada. So here we are on the edge.. with more people forced into slave minimum wage jobs, very close to joining the homeless. The grave danger is that Government handouts comes at a cost of freedom and liberty. When government controls the money they also control the rules regarding the population compliance to whatever they want.

Government Privatization of Once Good Paying Jobs

Private Government Contractors need to compensate employees equal or greater than what the Government paid before the contract was signed.. Union wages will continue being union wages no matter who is the employer.

Investment Export Tax Credits

Continuing to pay Canadian tax is a part of being Canadian. Canadians living elsewhere in the world need to expect to pay a 25% Investment Export Tax on money taken out of this country above the highest marginal tax rate.

Business owned outside of Canada that provides a net benefit to Canada will be able to claim an investment export tax credit. This would be a method for reducing investment export taxes on incomes generated from industry which has a substantial net benefit to Canada.

Resource Export Tax

The most profitable resource export properties in Canada are controlled by a few. Canadians need to ensure a fair method of taxation on these properties based upon income generated. Investment Export Tax needs to become a method of calculating Canadian resources leaving our country. We need a Canada first approach to our resources. A strong Canada.

Venture Capital Corporations

Federally controlled Venture Capital Corporations need to provide those earning the highest marginal tax rate an ability to reinvest into Canada and get rewarded with a tax break equal to what would have been paid before the highest marginal tax bracket came into effect. Reducing the tax burden of high earners to the same current levels while enhancing investment and bringing business back into Canada.

Highest Marginal Incomes

Bring back the Highest Marginal Tax Bracket on Net Earnings over $500.000.00. Since 1979 taxes have been reduced dramatically. At a time most Canadians struggle to make ends meet, the wealthy continue to hoard money and some live in other countries. Creating federally regulated Venture Capital Corporations, would provide tax credits to every Canadian taxpayer on qualified Canadian investments bringing highest marginal tax burdens in line with tax of today providing a choice for high earners to reinvest in Canada. Wealth survived back then as it would now with same tax structure.

Modify Tax Treaties or Scrap Them Entirely.

Modify Tax treaty with all other country. Tax treaty with other countries needs to be modified in order for incomes above the highest marginal tax rate to continue paying Canadian taxes. This would permit ordinary Canadians to work abroad and only pay full taxes after this exemption. Wealth from Canada will remain Canadian and not paid to other countries.

Majority ownership of Canada's Business to be Canadian Controlled.

Canadians need to once again own the majority of Canadian business. Foreign Companies may request an exemption based upon the net benefit to Canadians. Canada will attract foreign industry by offering incentives and exemptions.

Government Industry Protection Legislation.

Business with a significant employment impact will be prevented closing their doors. Industry protection legislation will be comprehensive ensuring those who decide closing business or moving business to another country will be prevented without government review. It will be in the Canadian best interest to move a business out of Canada. Canada's business will again reinvest into the ordinary people through profitable business, ensuring freedom and liberty for all.

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