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Cost of the public sector in Canada
Friday, June 1st, 2012
May 29, 2012
By any standard, government exercises substantial control over the nation’s economic resources and has a large presence in the lives of Canadians. While some would like to see the public sector expand further, so that it represents 50 or even 60 per cent of GDP, following this path would necessitate significantly higher taxes across myriad revenue sources — personal and business income taxes, consumption taxes and payroll and property taxes, among others.
Tags: budget, economy, ideology, standard of living, tax
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