Linda McQuaig: Es wird viel darüber gesprochen, ein stärkeres Kanada aufzubauen, aber die eine Strategie, die tatsächlich funktioniert hat
https://www.thestar.com/opinion/contributors/theres-much-talk-about-building-a-stronger-canada-but-silence-about-the-one-strategy-that/article_011a34a9-3214-4bda-9a1b-839290c4d5d3.html
3 Kommentare
If Carney is serious about acting on his program then he needs the means to control the process and crown corporations are an effective way to go about it.
I don’t understand how The Star paywall works. I’ve never been able to read a single article and yet I’m always over my monthly limit.
This article is uninformed and uses a high-level, partisan source which does not widely discuss corporate tax rates as its primary source to drive home the idea that corporate tax cuts are bad.
It is near economic consensus that corporate taxes are detrimental to a given economy. In fact, corporate tax cuts can:
* [Lead to lower prices](https://www.nber.org/papers/w27058)
* [Raise wages and employment](https://www.nber.org/papers/w20753)
* [Increase innovation and productivity](https://www.nber.org/papers/w24982)
* [Increase investment](https://www.aeaweb.org/articles?id=10.1257/aer.20201272)
* Etc.
On an intuitive level, if a firm receives a tax cut they can do a few things with the surplus: increase wages, cut prices, increase investment, or increase payouts to shareholders. If the latter event occurs, if shareholders reinvest capital- which most do, since most shareholders are institutional and financial firms- that generally leads to productivity growth due to reallocation of capital towards more productive assets. If shareholders withdraw capital, then that capital is taxed.
I believe in increasing taxes on the wealthy, but corporate tax cuts is empirically positive.