The federal Liberals delivered their Throne Speech last week, emphasizing the planned middle-class tax cut. Yet there are two major problems with the government's proposed tax reform.
middle class income
There has been much handwringing over the claimed disappearance of the middle class. From a bestselling international tome to domestic tax-and-spend types who think higher taxes will create more middle-income earners, there is no shortage of those who over-focus on redistribution and underestimate the benefits of opportunity.