Australia’s progressive tax system is designed to ensure that those who earn more contribute more accordingly. One of the biggest challenges is ensuring it stays fair over time.
St. James the Apostle (St. Jax) Church in Montreal.
(Sam Victor)
Critics argue that church tax exemptions represent millions in lost government revenue. However, others say that churches can and should use their funds to support local communities.
The outcomes of increased financial inclusion in Ghana have been mixed
The United Conservative Party demonized the NDP’s proposals for a corporate tax rate increase during the recent provincial election campaign. But Calgary-based energy companies and other corporations have capitalized on tax rate decreases, firing workers instead of investing in them.
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The conventional narrative on corporate tax increases relies on ‘zombie ideas’ that pander to corporate interests, harm the public interest and refuse to die.
Levying substantial taxes on the super-rich would lead to far more societal benefits than harms. What’s taking us so long?
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The costs of high taxes on the rich are likely only to be moderate. But the democratic, environmental, and health benefits are truly enormous and could transform society and dramatically.
A red-letter day? Hardly!
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The federal government wanted to give taxpayers a couple months to prepare the year’s taxes. But as filing became more complex, the date was pushed back.
The average U.S. taxpayer spends 13 hours filing their return.
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As the US increasingly becomes a cashless society, it’s getting harder to use currency to pay for things – including taxes. One fearless economist gave it a try.
There’s a better way to save.
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