Jan 29, 2014
It has become the norm to believe that cutting corporate income taxes is good for the economy. We have been led to believe that cutting corporate income taxes to increase after-tax corporate profits would lead companies to re-invest in operations like research and development, machinery and staff training to boost productivity. This in turn would stimulate economic growth, and create better paying and more secured jobs.
But what did corporate tax cuts really deliver? What has happened to those tax dollars that were given away to corporations? Learn more: canadianlabour.ca