Policy Articles: Fiscal & Budgetary: Page 9
Fiscal
policy refers to the policies and priorities of governments in raising
and spending taxpayers' money - and the impact of those policies on
the economy as a whole. Fiscal policies are expressed through the budgetary
processes of governments - the detailed plans and operations
for raising and spending money. By deciding where and how to spend money,
budgetary policies help to define the priorities of government. Fiscal
policies are also used by Canadian governments as vehicles for economic
stabilization, the promotion of economic growth and wealth creation,
and the redistribution of income.
Categories
- Business Subsidies (6)
- Business Taxation (22)
- Corporate Welfare (6)
- Currency & Exchange Rates (3)
- Federal & Provincial Budget (92)
- Fiscal Federalism (51)
- Reform (32)
- Tax Policy (79)
Links
Why a flat tax would be fairer and more efficient
The progressive marginal rates of Canada’ personal income tax system are meant to embody fairness, justice, and “social solidarity.” However, as Maxime Bernier argues, the idea that sacrifice is measurable and that progressive tax rates produce a more equal result is mythical.
http://www.iedm.org/uploaded/pdf/nov04_en.pdf