Tax Credits Unfair And Ineffective

Blog, Taxation, Peter McCaffrey

My article on tax credits, with a particular focus on Saskatchewan’s recently removed Film Tax Credit, has been published today:

When elected officials propose ideas, they usually sound great on the surface. Their policies have solid aims and their intentions are good. But policies should always be evaluated by their results, not only their intentions.

Whether an idea will work isn’t enough. Whether a policy is the best way to achieve a desired outcome is just as important.

The disconnect between ideas and results is demonstrated by the provincial adoption of tax credits.

Already it has drawn the ire of Simon Enoch who seems to be assuming I support tax credits for the resource industry. Oh well.