Finance Minister Chrystia Freeland is now justifying tax increases by quoting from a U.S. Supreme Court decision almost a hundred years ago.
“Taxes are what we pay for civilized society,” wrote Oliver Wendell Holmes in a 1927 decision.
Federal U.S. tax in 1927 was in the low single digits, according to the Tax Foundation, an American organization that focuses on tax policy, as opposed to Canada today where the rate is anywhere from 15-33 per cent.
