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Monday, November 25, 2013

Canada's Tax Burden Shifting From Corporations Onto People: Economist

For the first time in Canadian history, more than half of the federal government’s revenue in 2014 will come from personal income taxes -- a vivid sign that Canada’s tax burden is slowly shifting away from corporations and onto consumers.

It’s the apparent result of successive Liberal and Conservative governments that have cut corporate taxes far more aggressively than they have cut personal income taxes, while increasing “hidden taxes” that mostly impact low-income and middle-income workers.

http://www.huffingtonpost.ca/2013/11/24/corporate-personal-taxes-canada_n_4333694.html?utm_hp_ref=canada-politics&ir=Canada+Politics

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