Banking on Corporate Tax Breaks
Michael Lewis has a great article in todayâ€™s Toronto Star about the windfall that banks are reaping from corporate tax cuts. He quotes three of our favourite bloggers: Toby Sanger, Armine Yalnizyan and Jim Stanford.
He also cites a BMO Capital Markets report that I shared with him. Since BMO appears to have removed this document from its website, I have uploaded it here for your reading pleasure.
Over the past week, progressive economists have been relentlessly opposing corporate tax cuts, in both official languages. Armine appeared in David Oliveâ€™s Toronto Star column, while Jim and I appeared in Le Devoir.