Tax credit refunds are an effective means of ensuring that Canada’s poverty gap, now clearly identified, is addressed for low-income families. So what’s taking so long?
If Labor had won on Saturday, Bill Shorten would have been the least popular party leader ever elected prime minister, according to election data.
Lukas Coch/AAP
Election data suggests the Coalition’s victory wasn’t so surprising after all – long-term trends pointed toward a Labor loss, given the various factors in play in this election.
The Apportionment Clause forbids a direct tax on wealth. Expanding the 16th Amendment would not only allow such a tax but abolish slavery’s last remnant in the US Constitution as well.
Personal income taxpayers are shouldering more of the burden, while less revenue is coming from taxes on companies, capital and consumption. Only major reforms will change these sustained trends.
As consumers shift to online shopping and new businesses increasingly focus investments on digital products and services, governments around the world need to update old tax rules to avoid losing tax revenue.
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As Canada’s federal government sends mixed signals on digital taxation, the U.S. Supreme Court overturned a historic precedent and paves the way for other countries to tackle the digital economy.
Public health spending is an important factor in reducing inequality between households in Australia.
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Peter Whiteford, Crawford School of Public Policy, Australian National University
The Australian Bureau of Statistics’ latest analysis of the impact of government benefits and taxes on household income shows this reduces income inequality by more than 40% in Australia.
A mother in a low-income family can lose 85-95% of her earnings from working more days to income tax, loss of benefits and childcare costs.
riopatuca/Shutterstock
Miranda Stewart, Crawford School of Public Policy, Australian National University
An 85-95% effective marginal tax rate means the second earner in a low-income family can increase from two days’ work a week to three, four or five days and be better off by only about $4,000 a year.
President Nana Akufo-Addo of Ghana addresses the United Nations General Assembly, at U.N. headquarters in September 2017.
(AP Photo/Richard Drew)
Ghanaians respond positively to financial appeals from churches compared to how they respond to paying taxes. Here’s how, and why, Ghana’s government should learn from religious groups.
Various regions in England go to the polls on May 3 but do they have enough power to change things?
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London remains incredibly dominant over the UK regions in terms of financial and legislative decision-making.
Filling out tax forms used to be an exercise in legalese torture for Canadian taxpayers. Canada has come a long way, but can still to more to simplify filing taxes.
THE CANADIAN PRESS/Chris Young