Canada’s uncompetitive personal income taxes deserve more attention

Conservative leadership hopeful Maxime Bernier today proposed a major plan to reform federal personal income taxes. It’s positive to see this issue appear on the policy agenda. Canada’s uncompetitive personal income tax system is too often ignored, to the detriment of economic growth and greater prosperity for Canadians.High personal income tax rates hamper an economy by discouraging people from working hard, expanding their skills, investing and being entrepreneurial—all activities that propel prosperity.High and uncompetitive rates can also make it difficult for a jurisdiction to attract and retain highly-skilled workers such as entrepreneurs, business professionals, engineers and scientists. While governments across

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