The Social Benefits and Economic Costs of Taxation
A Comparison of High- and Low-tax Countries
Canadian Centre for Policy Alternatives | December 2006By Neil Brooks and Thaddeus Hwong
Canadian Centre for Policy Alternatives
From the Summary:
Tax cuts are disastrous for the well-being of a nation’s citizens.
Findings from this study show that high-tax countries have been more successful in achieving their social objectives than low-tax countries. Interestingly, they have done so with no economic penalty.
On the majority of social measures we examine, high-tax countries rank significantly above low-tax countries. On a number of the economic indicators we examine, low-tax countries rank above high-tax countries, but the difference is almost never significant.
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