Taxation

GITaR, Gradual Income Tax Reduction

People falsely believe that cutting taxes prevents governments from having healthy revenue growth to do the things it alone can do. There is a way to lower the tax burden without reducing government services. This means is GITaR, Gradual Income Tax Reduction.

A Simple and Effective GST

In 1984, a reforming Labour Government came to power in New Zealand. One of their first acts was to announce their intention to introduce a goods and services tax. I was invited to chair the three person committee to seek submissions from the public on the proposed tax, and make recommendations to the government on its optimal design.

Featured News

No Evidence of Climate Crisis

In his annual State of the Climate report published on April 14, 2022, Dr. Ole Humlum, Emeritus Professor at the University of Oslo, examined detailed patterns in temperature changes in the atmosphere and oceans together with trends in climate impacts. Many of these...

New Column on Upper-Income Tax Rates

My most recent column is posted at Troy Media's website.  Here, I oppose proposals to introduce very high taxes on high-income earners in the 70-80% range. I think the introduction of these kinds of stratospheric tax rates would be a disaster, and would wind up...

How Big Government Killed Britain’s Regions: State spending has driven jobs out of England’s former industrial heartland..

“The question of how to revitalize Britain’s economically moribund regions has bedevilled successive governments for at least three decades. The fact is, all the taxpayer money that has been poured into Wales, Scotland, Northern Ireland and the north of England in the name of reviving the local economies there is doing active harm to the emergence of a private-sector, post-industrial economy.”

Proof is in the Numbers for Flaherty’s Corporate Tax Cuts

“In four years, Finance Minister Jim Flaherty has cut federal corporate income tax rates, bit by incremental bit, by one-fifth, to 16.5 per cent from 21 per cent. Given tough times, given a vulnerable minority government, given an official Opposition hostile to corporate tax cuts and given a generally tax-tolerant populace, Mr. Flaherty has demonstrated remarkable perseverance. In these circumstances, the Finance Minister emerges as an authentic profile in courage.”