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Opinion: The other immigration problem: Too much talent is leaving Canada (www.theglobeandmail.com)

submitted 1 year ago by Grappling7155@lemmy.ca to c/canadapolitics@lemmy.ca

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[–] sbv@sh.itjust.works 9 points 1 year ago (1 children)

I don't usually agree with the CD Howe Institute, but

Other circumstances, however, are well within Canadian policy makers’ scope. Canadian living standards are stagnating. Weak capital investment is hurting productivity and incomes. Canadian businesses tend to stay small. Canadian governments rely relatively heavily on personal income taxes, with high rates that apply at relatively low income levels

isn't wrong.

[–] psvrh@lemmy.ca 5 points 1 year ago

The problem is, the Howe institute isn't going to look at the logical alternative, which is punitive taxation on non-productive wealth, like real estate, finance and, well, cash hoarding in general.

They're sooooo close, though.