Should Income Tax Rates Depend on Lifetime Earnings? The article I choose has to do with Canada�s process in electing their first leader of the Conservative Party of Canada, back in March of 2004. The article goes in to depth of one of the candidate�s tax system proposals, Tony Clement. Tony Clement �proposed a policy that would significantly alter the income tax system in Canada�. Up until this point, income tax systems have been based on �the ability to pay principle� which is that someone�s taxes should increase as their income increases. This policy does not take into account how wealthy somebody is. The article gives an example of how one person earning $40,000 a year with high savings can pay more in taxes than someone else earning $40,000 a year with less savings. Tony Clement�s proposal takes into account of this and in turn benefits each individual homeowner. His proposal is called �Jumpstart� a program that ties someone�s income tax rate to their lifetime savings. The �Jumpstart� program benefits those just entering the workforce. If this program were enacted......

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