This tax report is authored by Mark Milke, PhD. He analyzes the differences in major tax rates between Atlantic Canada and its nearest regional competitor — the New England states — for investment, jobs, and tax revenues. In general, these six U.S. states have a significant tax advantage on most measurements. As a “road map” for fiscal reform, the paper recommends that Atlantic Canadian governments allow for further resource exploration and development, adopt a simpler and flatter income tax code, revisit existing spending envelopes in provincial budgets, with an eye to better value-for-money expenditures.
Read the full report in PDF format here.