Full Comment / Canada taxes / Conrad Black

Conrad Black: Canada needs to compete - here's how we can win

Posted On: Jul 19, 2019   |   Posted By: National Post

It is a well-known and almost uncontested economic aphorism that you will get more of whatever you officially incentivize. Welfare dependency, if made more attractive, becomes more popular, and as Nigel Lawson, then British chancellor of the exchequer in the Thatcher government said as he slashed income taxes in 1988: “The economics are simple. If you reward enterprise, you get more of it.” One of the great economic booms of British history was in progress.

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