News for December 1, 2015

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The Canadian Centre for Policy Alternatives released a study yesterday which shows that corporate tax cuts, rather than fueling economic growth, have actually had the opposite effect.   “…there is evidence to suggest that CIT rate reductions contributed to slower growth..”  from CCPA News Release, November 30, 2015.


 

Canadian Dimension magazine reports in an article by Linda McQuaig and Neil Brooks that changes made to Canadian tax law by the previous government have had the effect of defunding the federal government and shifting taxes from capital to labour– in effect, “Robbing the poor to give to the rich”.

And for a little light humour, the Onion reports that the American EPA (Environmental Protection Agency) “..urges the Nation to Develop New Air Source”.

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