The tax increase will deter business investment in the economy and chase away capital.
tax hikes
July 5, 2024
3:30AM
Since 2015, the number of employees at the Canada Revenue Agency increased from around 40,000 to almost 60,000.
June 12, 2024
8:55AM
If the government wanted to pay for new programs, it could’ve reduced spending in other areas.
May 21, 2024
8:59AM
The Ontario government expects a net debt increase of more than $24 billion this year alone.
April 18, 2024
2:30AM
Investors may delay selling capital assets because they anticipate a change in government and a reversal back to the previous inclusion rate.
January 19, 2024
10:30AM
Salaries for municipal government staff in Toronto were an estimated 11.2 per cent higher than private-sector rates.
December 11, 2023
2:30AM
The federal government raised the top income tax rate from 29 per cent to 33 per cent.
August 29, 2023
5:30AM
The bottom 20 per cent of income-earning families pay 0.7 per cent of all federal and provincial personal income taxes.
July 17, 2023
8:11AM
The top 20 per cent of income-earning households paid 61.4 per cent of the country’s personal income taxes in 2022.
March 3, 2023
12:29PM
Only 32 per cent of Americans define socialism as government taking control of companies and industries.