Canada’s modern taxes: Thank the USA!
In this excerpt from Mark Milke’s new book, Tax Me I’m Canadian – Your Money and How Politicians Spend It, the idea that low taxes and a competitive edge are inherently American while the continual creation of new taxes or increases of existing taxes are purely Canadian obsessions is turned on its ear. As Milke points out: “For our earliest founders and Finance ministers, attracting immigrants and investment to Canada through the promotion of a low-tax regime was the stated goal for at least the first 50 years of our country’s existence. The Dominion’s leading politicians trumpeted Canada's lower taxes compared to the tax-happy Americans…” Contrary to what many tax advocates argue, cutting taxes and promoting immigration and investment isn’t about copying the pro-business agenda from the United States it is about getting rid of the American influence that has taken us so far from our own roots and left us uncompetitive in the global marketplace.