Peter Munk Centre for Free Enterprise Education
Current policies seem to largely ignore fact that tax changes affect behaviour.
The Trudeau government eliminated a number of tax credits, thereby increasing income taxes for some Canadians.
Economic growth expected to moderate dramatically starting next year.
Morneau raised the top personal income tax rate from 29 to 33 per cent.
When federal and provincial/local revenue shares are combined, the tax revenue-to-GDP ratio is close to 40 per cent.
Business owners must spend significant amounts of money on accountants and lawyers to navigate the tax code.
The Trudeau government is pressing ahead with contentious reform plans for small business taxation.
The Trudeau government has increased the incentive for tax planning.