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.
William Watson: Crumbling infrastructure notwithstanding, we shouldn’t submit to more public spending
It’s true that in Montreal, our roads are chronically potholed and some of our highways, overpasses and bridges are literally crumbling. But does that come from any general reluctance to invest in public goods?
A reoccurring narrative in the income inequality debate is that top earners don’t pay their “fair share” of taxes. The data, however, paint a different picture.