taxes

5:03AM
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Some of us are making a lot of money because we’re at that stage of life—others of us aren’t.


12:09PM
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If passed in its current form, the Republican tax bill may result in US$1 trillion in tax cuts for U.S. businesses over the next 10 years.


2:38PM
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Canada's personal income tax system costs Canadians nearly $7 billion a year in time, accountant fees and tax software.


2:01PM
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The Trudeau government eliminated a number of tax credits, thereby increasing income taxes for some Canadians.


4:30AM
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Morneau raised the top personal income tax rate from 29 to 33 per cent.


10:07AM
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If you tax all consumption without exception, you can get the same tax revenue with a lower rate.


10:26AM
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Like all taxes, a carbon tax imposes its own burdens and amplifies the economic costs of all other taxes in the economy.


5:00AM
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When federal and provincial/local revenue shares are combined, the tax revenue-to-GDP ratio is close to 40 per cent.


8:48AM
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The 10.5 per cent small business tax rate on the first $500,000 of income creates an incentive for many Canadian firms to stay small.