Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10 5/3/83; site utcsrgv.UUCP Path: utzoo!utcsrgv!dave From: dave@utcsrgv.UUCP (Dave Sherman) Newsgroups: can.politics Subject: Re: First Chance Program and other Ramblings Message-ID: <5038@utcsrgv.UUCP> Date: Tue, 14-Aug-84 14:52:18 EDT Article-I.D.: utcsrgv.5038 Posted: Tue Aug 14 14:52:18 1984 Date-Received: Tue, 14-Aug-84 15:14:23 EDT References: <741@ubc-ean.CDN> Organization: The Law Society of Upper Canada, Toronto Lines: 17 In article <741@ubc-ean.CDN> robinson@ubc-ean.CDN (Jim Robinson) writes: ~| My last suggestion is to implement a flat income tax rate. This will have ~| a double pronged effect in that ... ~| b) The disincentive that presently exists for those making above a certain ~| amount to work any harder would disappear and would undoubtedly result ~| in increased productivity on their part which will in turn result in a ~| healthier economy. I'm not sure there's such a disincentive. Since the 1981 budget changes the top marginal tax rate is about 50% in all provinces outside Quebec (combined federal and provincial tax). 50% is a big bite, but not so big as to discourage work. Dave Sherman Toronto -- {allegra,cornell,decvax,ihnp4,linus,utzoo}!utcsrgv!dave