Do you know how much money is lost from the budget on an annual basis due to tax expenditures, credits and deductions that exist? Do you even KNOW what a tax expenditure is?
The Financial Accountability Office of Ontario released a report on February 19th, 2020 called "Tax Expenditures" that provides some explanations and numbers to wrap your head around.
Adam & Mike discuss the contents of the report with their opinions, concerns and suggestions.