Viabilité
décembre 05, 2018
The Canadian Centre for Policy Alternatives suggests seven ways the federal government could raise $10.4 billion annually to fund a national pharmacare program:
- Increase the GST to 1.5 percentage points to 6.5%;
- Increase the general corporate income tax to 20.25% from 15%;
- Increase all personal income tax rates by 1.8% (except the lowest bracket);
- Introduce a 1.1% payroll tax, split between employers and employees, with a $10,000 exemption;
- Increase the capital gains inclusion rate to 75% from 50%;
- Combine a two percentage point increase in corporate taxes and a 1.2 percentage point increase in personal income tax rates (except the lowest bracket); and
- Combine a 0.5% increase in the GST with a 1.8 percentage point increase to the corporate tax rate and a 0.6% percentage point increase in personal income tax rates (except the lowest bracket).
The CCPA anticipates that net savings from a publicly-funded plan of $6.1 billion annually would be more equitably shared if Ottawa adopts a funding formula that includes capital gains, corporate and personal income tax increases.