Income trust foreign takeovers may be a good thing

There’s been a lot of activity lately on the income trust front. Foreign firms are making bids left and right to acquire the Canadian entities, in the wake of the 31.5% trust tax introduced by the Conservative government. Jack Mintz, a professor at Rotman, the business school at the University of Toronto, discusses in aContinue reading “Income trust foreign takeovers may be a good thing”

Abolish the property tax rant

Not mine, but that of historian John Steele Gordon (via Tax Foundation): In the 18th century, real property was probably the best measure available of a person’s ability to pay taxes. That’s because it generated income from farming or things like water mills, ship yards and stores. Only the very rich had residences on townContinue reading “Abolish the property tax rant”