Proposition 13: Corporate Taxes

I don’t know exactly how much tax large corporations pay, but I know it’s not a lot, and I know they should be doing more with their money than paying executives bonuses and paying dividends to mostly rich shareholders, while employees suffer with low wages and stingy benefit packages.

I know next to nothing about corporate tax law, but hearing the amounts of income tax that large corporations pay each year, it’s inherently clear that something massively unfair is going on. There is no reason anybody who isn’t an executive at a large corporation would ever answer anything but “Much more” for this question.

Summary: It would be nice to get some information on the existing corporate tax rate in Canada on this page, and how much large companies tend to pay in taxes (obviously, this is complicated, but it doesn’t mean you can’t do it…the information is out there).

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