Fair share

June 9, 2019

Modern Monetary Theory: Income Tax Does NOT Pay For Roads

Summary Canada uses Modern Monetary Theory (MMT). CRA and the courts say everyone has to pay their “fair share” of income tax for infrastructure, such as roads. They even prosecute people over this. But this contradicts MMT. So, either Canada doesn’t tell them how income tax really works, or someone’s […]
March 17, 2017

Fair Share of Income Tax – Did Trump Pay It?

Summary Donald Trump’s 2005 tax return shows him paying a 25% income tax rate. Some say he is not paying his fair share. But what percentage is fair? In 1941, Roosevelt raised the top marginal US income tax rate to 100%. Is that enough for being a fair share? And […]
February 25, 2017

Tax Evasion Fraud – Which Public is the Damaged Party?

Summary Tax evasion is now a predicate offence to Canadian tax evasion fraud. This means anyone guilty of tax evasion can also be guilty of tax evasion fraud1. Fraud is more serious since it is a Criminal Code offence. It is probably the excuse for CRA’s new policy starting April […]