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1. Big Apple exodus underscores Canada’s uncompetitive personal income tax rates

   Appeared in the Winnipeg Sun, August 26, 2020 New York Governor Andrew Cuomo recently raised concerns about high-income New Yorkers fleeing to the suburbs and neighbouring states in part because of New York City’s high personal income taxes. But they won ...

2. Should Upper-Income Canadians Pay More Income Tax?

   The increasing focus on the distribution of income and taxes in recent elections is one consequence of a decade of chronic slow growth in much of the OECD region of industrialized nations. After all, when the overall size of the economic pie stops growing ...

3. Tax Complexity in 2019: Can It be Tamed?

   Tax complexity matters to all Canadians, mostly owing to the considerable resources and time that families and businesses spend on compliance. Many of us incur substantial costs: time invested and money spent on professional legal and accounting services, ...

4. Canadians Celebrate Tax Freedom Day on June 10, 2018

   In 2018, the average Canadian family will earn $115,724 in income and pay a total of $50,464 in taxes (43.6%). If the average Canadian family had to pay its total tax bill of $50,464 up front, it would have worked until June 9 to pay the total tax ...

5. If Shakespeare were writing today—‘let's kill all the (tax) lawyers’

   There was a lovely press release this week from Aaron Wudrick of the Canadian Taxpayers Federation warning us all that if we wanted to read the Income Tax Act before next week’s April 30 filing deadline, we’d better get started. And we’d ...

6. Trump reforms lay bare Canadian policy missteps

   Prime Minister Trudeau has stated unequivocally that he won’t reduce Canadian taxes to remain competitive. ...

7. B.C. budget delivers blow to competitiveness in the province

   In British Columbia’s recent budget speech, Finance Minister Carole James (pictured above) said: “We’re competitive as a province, a destination for investors, and we’re committed to seeing that continue.” This is the right talk. ...

8. Morneau’s tax changes—another missed opportunity as Ottawa searches for revenue

   Federal Finance Minister Bill Morneau (pictured above) today proposed a series of tax changes intended to crackdown on tax-planning strategies involving the use of private corporations that can “result in high-income individuals gaining ...

9. B.C.’s NDP government will likely raise taxes and increase government spending

   Yesterday, British Columbians finally found out who will govern the province. The NDP, led by John Horgan (pictured above) and supported by the Green Party, was given an opportunity by B.C.’s lieutenant-governor to form government. Which ...

10. If you think June 9 is too late for Tax Freedom Day, just wait

    Appeared in the Toronto Sun, June 9, 2017 The official start of summer is just a few weeks away and we’re fast approaching the half-way point of the year. So consider this—if you had to pay all your taxes for the year up front, you would have worked for ...