Canada’s three major political parties have each taken a different stance throughout the 2015 federal election campaign concerning personal, small business, and corporate taxes.
Associate Professor Rick Robertson spoke with Investment Executive about the proposed tax policy changes, particularly those regarding middle-income tax cuts and increasing corporate tax rates.
“A decrease in the middle tax rate would be a long overdue positive change,” said Robertson. “However, any cut to the middle tax rate would be better paid for with an increase in the GST/HST rather than an increase in the top tax rate, which introduces a disincentive for people to earn more.”
