By reducing corporate tax rates between 2000 and 2010, the Canadian government reduced federal revenues by $12.5 billion a year.

Question

Quizplus · Accepted Answer

This statement is true. The Canadian government did reduce corporate tax rates between 2000 and 2010, and it did indeed result in a reduction of federal revenues by $12.5 billion a year. These figures were reported by the Parliamentary Budget Officer.

By Reducing Corporate Tax Rates Between 2000 and 2010, the Canadian