I don’t know what the optimal corporate tax rate is. I suspect neither does anyone. I believe there is reasonable evidence out there that given the kinds of goals and values we likely share, that a somewhat higher corporate tax rate is preferred, but what exactly that rate is – what the Game Theoretically Optimal or GTO rate is, I don’t know.
Among the Ontario parties, the Liberals want to keep the tax rate fixed at the new 11.5% level they have introduced since being in power. The PCs want a 30% (3.5 percentage points) further reduction. The (Read more…)
