raptors

If the Leafs and Raptors lose, you should blame… the government?

It’s well known that high personal income tax rates discourage work, entrepreneurship, investment and other activities that contribute to economic growth.It’s also well-established that high marginal income tax rates can make it harder for a jurisdiction to attract high-earners who are generally highly mobile and have skills that are in demand in many different places. It isn’t surprising that, all else equal, lower tax jurisdictions will be more attractive.New research from the United States confirms this insight in a fun, accessible way by analyzing the relationship between state/local income tax levels and the performance of different sports teams.Professional sports are

Read More - The Fraser Institute