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Canadians could have a balanced budget and better tax system: C.D. Howe Institute Shadow Budget
Tuesday, February 27th, 2024
Beyond reducing the debt burden to a level that is prudent and more fair to younger Canadians, the authors advocate tax changes to reward work and investment… The Shadow Budget proposes restoring the GST to 7 percent over time, lowering the rate for the middle personal income tax bracket to 15 percent in 2027, and lowering the general corporate income tax rate by one percentage point in 2025 and another in 2026.
Tags: budget, economy, ideology
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