IREF - Institute for Research in Economic and Fiscal issues
Fiscal competition and economic freedom
Canada was recently elected by Forbes magazine number one country in the world to do business. Among other things, its corporate tax rate (federal and provincial rates combined) is at 25%, the lowest among G7 countries. But some provinces in Canada still have to be convinced that this is a move in the right direction. May be the fact that revenues from corporate taxes remain high, and even higher than it was before the cuts, will help them.
Or else, they can go back with Stephen MacLean to our favorite Scotsman, Adam Smith, and his remarkable analysis of what qualifies as a good tax.