Chicken soup for the soul at tax time
Two good things about exorbitant income and sales taxation in Quebec.
- It provides a strong dis-incentive to senseless consumption.
- The flip side to giving half of your salary to the government is that you get that much more back if you contribute to RRSPs.
A fleeting but important point here is that rich people are better off in any tax regime for one simple reason. Rich people are rich because they make money, and not because they spend it. Powerful people are influential because they acquire power, and not because they use it. People who have strong social bonds and successful personal relationships live happily because they give, and not because they take. We should never confuse these causes and effects.
