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Michael Smart @michaelgsmart
, 6 tweets, 2 min read Read on Twitter
Here is my paper estimating how Equalization increased provincial tax rates since 1972. Cutting Equalization in half would cause tax rates to fall about 7 percentage points on average in receiving provs…

Gated: onlinelibrary.wiley.com/doi/abs/10.111…
Ungated: econstor.eu/bitstream/1041…
See that paper for a literature review on how equalization has been found to increase tax rates in numerous other studies for Canada and other countries…
Here is the original 1973 paper written by the great Tom Courchene on how Equalization can impede economic development (different mechanism than in my paper, but the same idea)

jstor.org/stable/134086
Excuse me? … Quebec’s general corporate tax rate is the highest of the big 5 provinces. It’s been rising since the late 1980s…

But that’s all from me. Please go back to explaining to us how Equalization works
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