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Why Ontario needs to raise taxes Add to ...

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Most of the discussion surrounding Ontario’s debt and deficit problems – both among the politicians and in a report from the Fraser Institute economic think tank this week – tends to focus on bringing spending under control. It’s understandably politically unpalatable to raise the notion of tax increases. Yet ignoring the revenue side of the equation dismisses considerable potential for a long-term solution to the structural problems in the province’s finances.

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