Explain effects of increase and decrease in taxes, Taxation

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Explain effects of increase and decrease in taxes

Assignment Task: Corporations generally pay tax at a lower rate than individuals (at least in Canada). Is this good or bad? Explain effects of increase and decrease in taxes in detail from perspective of Business and individuals .How can government balance this.

Within the last 2 years what taxes have been increased in Canada for business and individuals? Give at least 2 examples.

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Taxation: Explain effects of increase and decrease in taxes

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