A new Fraser Institute study out February 4, 2021, identifies how governments can increase productivity and the possibility of a four-day work week: they could lower tax rates on business, capital gains and personal income.
Not all taxes are the same – some types do more damage to the economy than others. So if policymakers are serious about improving productivity, they should move away from the most damaging taxes.
Learn more about the different effects that various taxes have on the economy – read more from this study…
The Fraser Institute is an independent Canadian public policy research and educational organization with offices in Vancouver, Calgary, Toronto, and Montreal and ties to a global network of think-tanks in 87 countries. Its mission is to improve the quality of life for Canadians, their families and future generations by studying, measuring and broadly communicating the effects of government policies, entrepreneurship and choice on their well-being. To protect the Institute’s independence, it does not accept grants from governments or contracts for research.