“There are no secrets to success. It is the result of preparation, hard work, and learning from failure. – Colin Powell” We all want to be successful, usually for the wealth that comes with it. However, only those who works harder than others will obtain the great wealth and the fortune beyond it. Their resoluteness and hard work should be respected along with their wealth. However, currently in Canada, we are taxing these hard working individuals more, simply because they have more money. This action not only contrast strongly against the democratic justice we believe in. But also creating a potential economic crisis due to the benefits the rich has on our economy. Therefore, the tax percentage should be set flat and fair for all citizens
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Those who dedicated their life to their field of study should be respected, along with their wealth. Money represents one’s dedication to its work and acts usually as a sign of power. However, money doesn’t just grow on trees. It requires years of hard work, that are filled with distresses and countless defeats. The money and wealth of these people are trophies of their dedication and efforts. However, Canada currently enforces a tax system that scales with one’s income. That is basically saying the more effort you spent on your field of study, the more tax you have to pay. As mentioned earlier, one’s hard work and dedication should be respected, which proves an error in our current tax system. If these talented individuals feel that their efforts are not being rewarded to basic satisfactory level. They will most likely leave the country and find somewhere else where their efforts are respected. However, by setting the tax percentage flat for everyone, we would not only lessen the pressure on the rich and reducing the chance of potential economy stagnation but also attract other riches from other countries to Canada. Thereby, increasing our economy potentials and showing respect for those who dedicated their life to their field of
Those who dedicated their life to their field of study should be respected, along with their wealth. Money represents one’s dedication to its work and acts usually as a sign of power. However, money doesn’t just grow on trees. It requires years of hard work, that are filled with distresses and countless defeats. The money and wealth of these people are trophies of their dedication and efforts. However, Canada currently enforces a tax system that scales with one’s income. That is basically saying the more effort you spent on your field of study, the more tax you have to pay. As mentioned earlier, one’s hard work and dedication should be respected, which proves an error in our current tax system. If these talented individuals feel that their efforts are not being rewarded to basic satisfactory level. They will most likely leave the country and find somewhere else where their efforts are respected. However, by setting the tax percentage flat for everyone, we would not only lessen the pressure on the rich and reducing the chance of potential economy stagnation but also attract other riches from other countries to Canada. Thereby, increasing our economy potentials and showing respect for those who dedicated their life to their field of