When established in 1917, Canada’s Income Tax Act contained 3,999 words compared to 1,029,042 words today.
When governments raise PIT rates, there are both direct and indirect costs for private sector.
Resistance to marginal tax rate reductions in the U.S. may prevent a return to supply-side fiscal policies.
Growth expectations from private-sector economists have consistently declined since this government came to power.
Arguments about taxation, including Canada’s personal income tax, should have a moral component.