The federal government should reform taxes, not raise them

Fresh after delivering his update Tuesday on the state of Canada’s economy and public finances, Finance Minister Bill Morneau (pictured above) has already began musing about next year’s federal budget. According to media reports, Morneau confirmed that his government plans to eliminate additional tax credits as part of its ongoing review.But Morneau should use this opportunity to reform taxes—concurrently reducing tax rates broadly—not to generate more revenues for Ottawa and raise the tax burden on Canadians.Eliminating tax credits, which are essentially special carve outs in the tax code for particular individuals doing particular activities, can help simplify a system that

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