Why does Canadian public policy discourage saving?
A)because, other things the same, taxes increase the return from savings
B)because means-tested programs such as Old Age Security provide greater benefits to those who saved
C)because some forms of capital income are not taxed
D)because capital gains are taxed heavily

Question

Quizplus · Accepted Answer

Canadian public policy discourages saving because capital gains are taxed heavily, reducing the incentive to save and invest.

Why Does Canadian Public Policy Discourage Saving