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.
taxes
November 16, 2015
12:25PM
November 13, 2015
4:00AM
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?
November 3, 2015
9:13AM
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.
September 11, 2015
10:12AM
These days, we economists tend to be very optimistic about the future, certainly compared to the ghastly visions of environmentalists and others.
June 19, 2015
10:00AM
Alberta’s economy is still on shaky ground as oil prices remain depressed relative to last year’s levels.
June 11, 2015
9:00AM
No one really thinks there shouldn’t be any taxes. After all, how would governments fund important public services that form the foundation of our economy? Think of services such as protecting property, building infrastructure, upholding the legal system, to name a few.
May 16, 2015
9:00AM
Provincial cries for more federal money are as old as Confederation, and rarely have any substance to them.
May 12, 2015
12:25PM
There’s increasing evidence of a relationship between entrepreneurship and age. Younger people are less risk-averse than older people, and more prone to question the status quo. These characteristics are fundamental to entrepreneurism. So how can government influence entrepreneurship to mitigate these demographic effects?