Distribution of Income and Wealth

A look at Canadian Conservative leadership candidate Tomy Clement's policy proposal that would make an individual's income tax rate depend on lifetime earnings.

Replacing the income tax with a sales tax (such as the FairTax) is a popular policy proposal. Here we look at the two different types of taxation.

What effect do income taxes have on economic growth? Will lower income tax rates lead to higher growth, or will they just line the pockets of the rich?