Delete comment from: Captain Capitalism
These taxes are just a tax on consumers. Companies just raise their prices, and pass on the tax to the consumer. Or worse they just leave the current location, and produce elsewhere.
I also believe the Canadian rate for 2009 is 26%, and the federal corporate rate will be cut to 15% in 2012. Cutting corporate tax rates in Canada, has been excepted as a way to increase employment.
Sep 26, 2009, 1:38:02 AM
Posted to So Simple, Yet So Far Away