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.
Blog - Fraser Forum
China displaces Canada as largest U.S. trade partner (though China’s bragging rights may be short-lived)
Canada remains the United States’ largest export market accounting for almost 19 per cent of U.S. exports, while China accounts for only 7.4 per cent of total U.S. exports.
Insurers are losing lots of money, and it’s likely that few, if any, will be willing to provide Obamacare health plans beyond another year or two.
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?
In an old episode of South Park, Eric Cartman is “deputized” then rides around town on his Big Wheel beating people with a police baton in response to what he perceives as violations of the law, or those who fail to respect his authority as a law enforcement officer.
I'm not sure why so much very good poetry came out of the First World War, but it did. Perhaps this was the last war that began with some sense of war as a noble, aristocratic adventure.
Like most taxes, the land-transfer tax does more than transfer money from homebuyers to the government—it stifles economic activity and makes moving less attractive.