Canadian Politics
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What could Canada do with 20 years of lost corporate tax?
Canada has lost over $1.1 trillion dollars in corporate tax over the last two decades, compared to what we would’ve raised if corporations were paying at the statutory rate of the 1990s. That’s partly because the federal government has steadily reduced its statutory corporate tax rate since the 1960s, and provincial governments have been reducing their rates since the late 1980s.
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