Taxation

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To Infinity and Beyond

Space exploration is fraught with a wide variety of hazards; solar storms could irradiate astronauts, collisions with small, unseen objects could cause instant death, and the acts of both leaving Earth and coming back are high risk maneuvers that involve high speeds...

Global Minimum Tax Is Cartel Scam with Loopholes

Rhetoric is one thing; reality is another. As is becoming increasingly clear, the OECD’s July 1 proposal for a 15 per cent global minimum for corporate taxation is nothing of the sort. Although the awaited initiative slated for 2023 will not and cannot achieve a level...

Will New Brunswick Dare To Pull Out All The Stops?

New Brunswick’s strategic objectives in its tax-reform exercise are impeccable. It seeks to achieve “self-sufficiency” – independence from federal equalization payments – by 2026. The corporate tax reform cited here is one of the more radical options presented in the New Brunswick discussion paper. But it doesn’t go quite far enough. New Brunswick needs a corporate tax rate that will reverberate across the country and around the world.

War And Taxes

Death and taxes — more specifically, war and taxes — are often linked. The first recorded tax began six thousand years ago on a fertile plain between the Tigris and Euphrates rivers (now part of modern Iraq). Inscriptions on clay stones excavated at Lagash revealed not only the existence of a tax but why: to pay for a ferocious war.