OPINION: Canada's high tax rates are hurting competitiveness

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New York Governor Andrew Cuomo recently raised concerns about high-income New Yorkers fleeing to the suburbs and neighbouring states in part because of New York City’s high personal income taxes. But they won’t be coming to Canada; our income taxes are high compared to U.S. jurisdictions including New York, which puts us at a disadvantage when courting entrepreneurs, professionals and business owners who drive innovation, investment and job creation.

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Original Article Source Credits:   Toronto Sun ,https://torontosun.com/

Article Written By:  Tegan Hill and Jake Fuss

Original Article Posted on:  Aug 25, 2020 

Link to Original Article:  https://torontosun.com/opinion/columnists/opinion-canadas-high-tax-rates-are-hurting-competitiveness

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