Every time I drive across a bridge, I thank the engineers who designed it. They respect the laws of physics because they know gravity doesn’t compromise. Tax policy shouldn’t be any different. Ignore economic gravity long enough, and reality will eventually demand its due.
Canada keeps testing that principle, not with one bad idea, but with a recurring pattern of tax measures built for a headline and drafted without regard for how people and capital actually move, followed by the inevitable correction or elimination once gravity reasserts itself.
Some recent examples of ideas that were never going to hold weight inc...
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