More government grants is not the solution
The federal government collects less than $3-billion a year, or about one per cent of its total revenues, from capital gains taxes. That’s the equivalent of two or three Bombardier bailouts, just to get rid of a tax that is very costly. Several countries with dynamic, innovative economies, such as Switzerland, have no such tax. We should emulate them, instead of doing more of the same old interventionist policies.
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