Reducing Ontario’s personal and corporate income tax rates to 8% would attract investment, top talent
Time for Tax Reform in Ontario
By Fraser Institute —— Bio and Archives--April 24, 2018
Canadian News, Opinion | Comments | Back To Full Article
TORONTO—An eight per cent single-rate tax on personal and corporate income would make Ontario one of the most competitive pro-growth tax jurisdictions in North America, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“Ontario’s economy has struggled for many years, partly because uncompetitive tax rates discourage businesses and entrepreneurs from moving here and investing in the province,” said Ben Eisen, director of the Fraser Institute’s Ontario Prosperity Initiative and co-author of Time for Tax Reform in Ontario.Welcome to CFP’s Comment Section!
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