taxes

9:14AM
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When established in 1917, Canada’s Income Tax Act contained 3,999 words compared to 1,029,042 words today.


3:00AM
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Canadians spent $501 per household simply complying with the personal income tax system.

1:02PM
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When governments raise PIT rates, there are both direct and indirect costs for private sector.


11:16AM
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There’s a clear negative relationship between income taxes and team winning percentages.

3:00AM
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Resistance to marginal tax rate reductions in the U.S. may prevent a return to supply-side fiscal policies.


3:00AM
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Today the personal income tax accounts for almost half of federal revenues.

9:11AM
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Growth expectations from private-sector economists have consistently declined since this government came to power.


7:55AM
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Arguments about taxation, including Canada’s personal income tax, should have a moral component.


3:00AM
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Capital gains taxes are on the rise in Canada because various provinces, and the federal government, have increased their personal income tax rates.

9:28AM
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Ontario’s debt burden has grown by more than $10 billion per year since 2007/08.