thedonald

Warning—Canada may get ‘trumped’ on taxes

President Donald Trump’s joint address to the United States Congress yesterday should send a chill down the spine of Canadian policymakers. On tax policy, Trump said:My economic team is developing historic tax reform that will reduce the tax rate on our companies so they can compete and thrive anywhere and with anyone. It will be a big, big cut. At the same time, we will provide massive tax relief for the middle class.If Trump’s “big, big” tax cuts actually materialize, which increasingly seems likely, this will spell trouble for Canada’s tax competitiveness and economic prospects. The reality of the global

Read More - The Fraser Institute