01Sep 2015

Offshore Tax Havens

Posted in Q & A

Q: Are offshore tax havens part of capitalism working correctly, or is that one of the bonuses for "winning"?

A: Under pure laissez-faire capitalism there are no taxes and thus no offshore tax havens. The solution is to reduce the tax burden in Canada so capital would not move offshore. The capital would then be invested in Canada creating a higher standard of living and more jobs for Canadians.

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