Bennett JonesIn The News David Dodge on Trump, Ottawa and Economic Exodus in Globe and MailDecember 1, 2016 David Dodge comments in the Globe and Mail on why Canada could see a brain drain to the U.S. if president-elect Donald Trump fulfills his promise of major tax reductions across the board. In Canada, the federal government imposed a new tax bracket of 33 percent this year on income above $200,000. David says, "It's an enormous problem when you get effective tax rates which are wildly out of line. And that's what's going to happen to a much greater extent in the spring if Mr. Trump and the Republican Congress proposals in some way go forward." With Trump's tax plan, Ottawa must act to prevent economic exodus: David Dodge Republishing Requests For permission to republish this or any other publication, contact Amrita Kochhar at kochhara@bennettjones.com. For informational purposes only This publication provides an overview of legal trends and updates for informational purposes only. For personalized legal advice, please contact the authors. |
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