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A fascinating document, thank you for the link. As a Canadian, I'm quite disturbed by these numbers, since the "trickle-down" theory that these tax rates are ba
by FD3SA 12y ago
A fascinating document, thank you for the link. As a Canadian, I'm quite disturbed by these numbers, since the "trickle-down" theory that these tax rates are based on have been proven false by Thomas Piketty's work.
Ironically, McDonald's and a few other large corporations have recently been in the spotlight for hiring Temporary Foreign Workers (TFW) in urban areas with very high unemployment rates.
The Canadian tax payer is beginning to understand that giving corporations a free pass to make outsize profits doesn't help them in the slightest. Canadian income tax is comparable to NY state, but apparently our oligarchs get a free pass (7.2% effective income tax!).
Truly absurd.