income tax

9:14AM
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When established in 1917, Canada’s Income Tax Act contained 3,999 words compared to 1,029,042 words today.


3:00AM
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Resistance to marginal tax rate reductions in the U.S. may prevent a return to supply-side fiscal policies.


3:00AM
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Today the personal income tax accounts for almost half of federal revenues.

2:56PM
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The Liberals will finance almost all of the new spending with borrowed money, resulting in an expected deficit of $27.8 billion this year.


2:46PM
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Alberta now has the 16th highest top personal income tax rate in North America.


1:14PM
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The new Canada Child Benefit program, and the expansion of the CPP, may hurt middle-income Canadians.


12:47PM
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Once government spending surpasses 30 per cent of GDP, economic growth declines.