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Tax on excess profits could ease inflation in Canada, Singh says - BNN Bloomberg
(www.bnnbloomberg.ca)
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Please. We've had low corporate taxes for years. We've bent over backwards to give big businesses subsidies for decades. If we're not "competitive" it's because we continue to insist upon giving breaks to already profitable industries, particularly to companies that are foreign owned or foreign controlled, and refuse to invest, both nationally and regionally, in our people.
We've been in a race to the bottom for the sake of entertaining the rich. It's time to get off the track entirely and do something for the people, not corporate interests.