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Canada’s corporate tax policy sustains child poverty
Sunday, April 10th, 2011
Apr 10 2011
Canada already has one of the lower corporate tax rates in the western world. Now the Conservatives want to lower it even further. Canada also has one of the highest rates of child poverty in the western world. Why can’t we be one of the lowest? It’s a question of priorities — fiscal priorities. Surely that is the nub of the question… The most recent reduction in Canadian corporate taxes will by itself deplete the federal treasury by $6 billion annually and that figure will increase significantly as the economy grows over time… Canadians are going to have do without… what economists call social goods.
Tags: budget, featured, poverty, standard of living, tax
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