High marginal tax rates discourage productive economic activities such as work, savings, investment and entrepreneurship.
The average Canadian family will pay 43.6 per cent of its income in taxes.
Employment growth has been lopsided, with the GTA and adjacent areas reaping most of the benefits.
Tax policy is the most efficient way to incentivize high-growth entrepreneurship and access to finance.
Demographics and Entrepreneurship blog series: Spurring entrepreneurship through capital gains tax reform
Capital gains taxes reduce the return entrepreneurs and investors receive when selling a new technology or business.
When taxes on investment returns are very high, the negative consequences, compounded over time, can be dramatic.
The theoretical or “ideal” carbon-pricing system has never been implemented.
The decline in foreign direct investment since 2007 totals an almost unimaginable 74.9 per cent.
If firms don’t collude, and there are lots of them around, wages will rise until they’re equal to worker productivity.