Shifting Power to the People: AIMS examines N.S. Tax Cuts
Nova Scotians are carrying an excessive tax burden, but when the Hamm government cut taxes, it came under intense criticism. In his regular column in the Chronicle Herald, Brian Lee Crowley says that policy makes sense because taxes are a good thing only up to a point. Economists have proven time and again that after that point, the harder you tax, the lower the benefit and the higher the cost. If we want better quality public services, the best way to achieve it is to make the economy grow and take a smaller share of wealth in taxes. But our high level of taxes prevents that growth. That’s why no one ever taxed their way to prosperity.