Small taxes, big loopholes

A longer, more detailed version of this post is available on the Progressive Economics blog. Small business taxes made the news last week during a CBC interview when federal Liberal leader Justin Trudeau suggested many business owners are using the small business tax rate as a de facto in-country tax…
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Canada’s failed experiment with corporate income tax cuts

According to many mainstream (neoclassical) economists, cutting corporate income tax (CIT) rates is wise public policy. By reducing the cost of capital, more of it will be supplied, and because investment is a key driver of growth, reducing CIT rates leaves firms with more after-tax income to plough into growth-expanding…
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Outrageous claim of a ballooning tax bill

“The total tax bill, which includes all types of taxes, has increased by 1,886% since 1961,” concludes the Fraser Institute in its 2015 Canadian Consumer Tax Index. Even if the estimation is sound (a big “if”), the tax surge can only be true when inflation is totally ignored. It’s a…
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The facts on Canadian health care can’t be Trumped

Of all the outrageous things U.S. Republican presidential candidate Donald Trump has said this summer, trust the Fraser Institute to single out his only accurate observation, that “single payer [health care] works in Canada.” In an August 11 op-ed in National Newswatch, the institute’s Jason Clemens and Baccus Barua argue…
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CCPA staff share their ballot box questions

The writ has been dropped, and we are now four days into the longest election campaign in recent history. Canadians now have a critical decision to make about the direction of our country—and lots of time to make it. The first opportunity (of several, we hope) to have some of our…
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CCPA reaction to 2012 federal budget

The Canadian Centre of Policy Alternatives believes that all Canadians will pay the price for a federal budget that will result in significant job losses, weaker environmental protection, and unnecessary cuts to cherished public services. Once the government’s three rounds of spending cuts are fully implemented, they will have resulted…
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