Dion-omics: Corporate Tax Cuts and Deregulation

“Dion Would Wield Tax Axe to Spur Growth” was the headline in Tuesday’s Financial Post. The story reported that “Mr. Dion said his party would look to cut taxes across the board” but that “He would not elaborate on which taxes he would cut.” However, Monday’s Liberal press release seemed quite clear about which taxes would be on the chopping block in “ensuring that taxes on capital and corporations are internationally competitive.”

The press release also proposed a “regulatory overhaul that eliminates disincentives to growth” and “removing internal trade barriers.” As usual, it did not identify any internal trade barriers.