House Republicans used Tax Day as an occasion to lambast President Joe Biden’s administration’s tax policies and budget proposal—and highlight bills aimed at tax reform. “This year, tax day has taken on a whole new meaning for working families because of the threat they’re facing from President Biden’s supercharged IRS and all of his proposed…
Canadians Need Tax Relief, Say Pundits as Poilievre Highlights Marginal Effective Tax Rate
Conservative leadership contender Pierre Poilievre maintains high taxes paid by Canadians are discouraging employment, something economists say is a real problem. In a YouTube video called “Make work pay,” Poilievre draws attention to the marginal effective tax rate (METR), which measures what someone pays the government on every new dollar earned. The government charges workers…
Australian State Leader Pushes to Eliminate ‘Worst’ Tax
New South Wales Premier Dominic Perrottet’s bid to abolish stamp duty is back in the limelight, calling it the “worst tax” that a state could have. The premier has been outspoken on scrapping stamp duty—a significant one-off tax payment when purchasing a home—since he was the state’s treasurer. The state government’s proposed reform would give…
‘Big Bang’ Corporate Tax Reform Needed Now to Boost Business Investment: Leading Tax Expert
With light at the end of the pandemic tunnel in sight, now’s the time for a “big bang” in corporate tax reform, says Jack Mintz, one of Canada’s foremost tax and public policy experts.
Red States Should Revolt Against the ‘Blue-State Bailout’
Commentary Congressional Democrats are a runaway train with a drunk-on-power conductor in House Speaker Nancy Pelosi. No matter how much evidence pours in that the economy doesn’t need $1.9 trillion more in debt spending, the Pelosi locomotive keeps crashing down the track toward the financial cliff. Generations will have to pay for the joyride. One…
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