OPINION: Canada's high tax rates are hurting competitiveness
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.
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