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Premiers could be reaching for their wallets
Monday, April 25th, 2011
Apr 25 2011
the Conservative party is emphasizing promised personal tax breaks: income splitting for some households, doubled Tax-Free Savings Accounts (TFSAs), and tax credits for more athletic and artistic pursuits… Less noticed is the fact that provincial governments would bear a significant portion of the cost of these postdated tax changes. Provincial income tax generally applies to income as defined by federal tax rules. Shifting income to a spouse in a lower tax bracket or into a TFSA reduces both federal and provincial revenues.
Tags: budget, standard of living, tax
Posted in Governance Policy Context | No Comments »
Privatization a bad deal for Ontarians
Wednesday, March 10th, 2010
Mar 10 2010
Those who want a steady return of nearly 5 per cent can simply buy long-term provincial bonds. Prospective investors in government enterprises would clearly expect more. If investors could not increase profits by taking over management, the only way to achieve a higher return would be to buy shares based on a lower initial valuation.
Tags: privatization
Posted in Governance Debates | No Comments »
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