Canada’s income tax: 100 years old and not aging well

Income tax is now too high, too important, too complex and too costly. After a century, it’s time for serious reform

Canada’s income tax: 100 years old and not aging wellAs the April 30 tax deadline approaches, Canadians will be interested (though probably not happy) to know that this year marks the 100th anniversary of the federal income tax. Conservative Finance Minister Sir Thomas White introduced it for debate on July 25, 1917, three years into the First World War and just days after Parliament adopted…