From 2001 to 2014, the sheer number of personal income tax expenditures has increased 24 per cent.
taxes
Between 1971 and 2014, the federal Income Tax Act’s text area increased by 355 per cent.
While it might not appear so, a higher minimum wage is effectively a tax.
In Ontario, the top combined federal and provincial personal income tax rate is 53.5 per cent.
On the eve of the new Liberal government’s first federal budget, the key is to get incentives right at home.
There are better ways for government to attract business besides corporate welfare.
Prime Minister Trudeau's letter to Finance Minister Bill Morneau lists 27 priorities—we offer a quick reaction to 13 of these priorities.
Raising tax rates increases revenues at lower tax rates—but as rates rise, a work disincentive effect kicks in, as well as a stronger tax-planning incentive that erodes revenues.