Jack Mintz is back on the op-ed pages with a splash in the National Post, thanks to a new study arguing that American corporate income taxes are too high and that they need to be reduced so that the American government can get in better financial shape. As usual, I see, the neoclassical right continues to cling to the absurd fiction that if you reduce your wages you can increase your income. I see no purpose tangling with this pretzel logic, nor do I care to, since at least a quarter of the largest companies always manage to weasel out of paying any income taxes (zip! nada!) whatsoever, no matter what the headline rate is.
What does interest me is Mintz’s new digs. Formerly he was at the C.D. Howe Institute, a pro-corporate sector think tank that, among other things, took $50,000 from the Ontario private trash hauling trade association to produce a report arguing in favour of the privatization of city garbage collection. Now he’s supposedly left the compromised think tank sector for the neutrality of the academy, as head of the University of Calgary’s School of Public Policy. Of course, anything coming out of the University of Calgary makes me nearly as suspicious as the latest piece from the Fraser Institute. But I’ll give him the benefit of the doubt and look deeper.Tweet