Public Values

CD Howe Institute still firing corporate spin at sinking tax ship

Corporate tax contributions so low they could barely twist an ankle if they fell any further.

by Erin Weir, The Progressive Economics Forum

September 10, 2009 — Should we care that the marginal effective tax rate on capital is higher in Prince Edward Island than in Serbia?

Of course, this question is a joke. But the CD Howe Institute actually did put out a press release last week singling out PEI for its allegedly high business taxes compared to an average of 80 countries, among which Serbia is the star.

This Institute, which is governed and funded by corporate Canada, has been extremely influential in shaping Canadian tax policy. The federal corporate income tax rate is being cut in half between 2000 and 2012. Provincial corporate income taxes are also falling and corporate capital taxes are gone. All but three smaller provinces have removed, or will soon remove, their sales tax from business inputs.

Despite all of these ongoing business tax cuts, Jack Mintz still got back in the saddle to co-author yet another Tax Competitiveness Report. But the result is tantamount to flogging a dead horse.

Mobile Goalposts

The original argument was that Canada's corporate taxes needed to be competitive with the US...

To read further, please click on the links below:

Links and sources
  Tax Competitiveness 2009: Flogging a Dead Horse, by Erin Weir, The Progressive Economics Forum, September 10, 2009
  The 2009 Tax Competitiveness Scorecard: An "Eye-popping" Divergence in Approach across Canada, CD Howe Institute, September 3, 2009

Posted: September 10, 2009

Categories:
  News
  Research
  Campaigns
  Public services
  Front lines
  Voices of privatization
  Feedback and dialogue

Public Values (PublicValues.ca) is a project of the Golden Lake Institute and the online publication StraightGoods.ca


Public Values
 
HOME
CONTACT US
SEARCH
FREE BULLETIN
FRANÇAIS
Search PublicValues.ca
Donate to PublicValues.ca
News
Research
Politics
Campaigns
Health care
Public services
Natural resources
Energy
Education
Front lines
Voices of privatization
Feedback and dialogue
Visit StraightGoods.ca
About Us
Donations
Newswire/RSS
What is framing?
Friday, October 20, 2017
Updated frequently
To view photo captions, run your mouse over the photo
 
Bookmark and Share

© Golden Lake Institute/PublicValues.ca, 2007-11
PublicValues.ca owns copyright on all staff-written articles.
We encourage others to freely distribute material from this website but, without explicit permission,
Web publishers may only use short excerpts that also include credit to us and a reference to our site for the full article.
This site is managed by the Golden Lake InstituteVisit Golden Lake Institute Website and Straight Goods NewsVisit Straight Goods News Website
For comments or suggestions, please contact the PublicValues.ca Editor
For technical issues, please contact the PublicValues.ca Webmaster