NEW CANADIAN TAX: But This One We'll All Want
What if government departments faced the same financial consequences that professional sports teams do?In Major League Baseball, teams that spend beyond the luxury tax threshold face automatic penalties. But when governments overspend taxpayer dollars on luxury travel, catering, hospitality, consultants and discretionary expenses, what are the consequences?In today's episode of Tap the Maple, Chris Baker explores an original policy idea: a Government Luxury Tax (or more accurately, a Government Luxury Penalty) that would automatically reduce future departmental budgets when excessive…
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