Management and Organizational Studies 2277A/B Lecture Notes - Lecture 4: Tax Bracket, Regressive Tax

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 2277A/B
• Professor: Nicholas Kahnert

Document Summary

Consumptions tax is efficient, does not tend to change behavior as much as income. Gst/pst/hst is a regressive tax. It disproportionately disadvantages lower income individuals. They are required to spend a higher percentage of their income. Tax on capital assets is made on the gain you make. Try to reduce income tax, not all taxes. Dividends & gross up example. Dividends: 100,000