The Tax Foundation‘s Tax Policy Blog has an interesting post concerning a report produced by something called the (US) Congressional Research Service. The report investigates the possibility of a flat tax in simplifying the tax code and concludes that the existence of a progressive system isn’t what is making things complicated at all. I’ve already [...]
Tag: policy ↓
Broad base and low rates = recipe for tax fairness
June 3rd, 2006 · No Comments
Category: Taxation
Tags: base, consumption tax, fairness, flat tax, income tax, policy
The ideal tax system
April 23rd, 2006 · 3 Comments
“The ideal tax system … is neutral to business activity. In such an ideal system, individuals and businesses would base their economic decisions solely on the merits of the transactions, without regard to tax implications. In reality, tax-induced economic distortions are a fact of life, and a more realistic goal is to maximize the occasions [...]
Category: Taxation
Tags: distortion, economics, neutrality, policy, tax, theory
Keep the income tax cuts, ditch the GST cut
April 6th, 2006 · 2 Comments
I read in the Star yesterday that the income tax cuts enacted by the Liberals before their fall from power and effective January 1, 2006 may be kept by the Conservative government, which has all along threatened to reinstate them to make room for their GST cut. I have always been in favor of income [...]
Category: Taxation
Tags: Canada, consumption tax, government, GST, income tax, policy, progressive, regressive, saving, spending, tax
