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Regulations

Choking Hazard: The Adverse Effects of “Eat the Rich” Policies

Proposals to increase taxes on the rich resurface often in the news. MEI researchers conclude in this study that, however the term “rich” is defined, this selective taxation does not pay, due to its longer-term indirect effects. By penalizing those who create wealth, this gives rise to a number of adverse effects that threaten the prosperity of all Canadians.

For a Better CPI Indicator in Canada

For over a year now, statistics have shown an unusual rise in the general price level as calculated by the Consumer Price Index (CPI). The highest seen in 40 years, this increase has fuelled public debate as well as anxiety among Canadians. Researchers at the MEI believe that the actual deterioration in purchasing power is much more pronounced than the official rate would indicate, and they challenge the validity of the metrics employed by Statistics Canada which in their view do not reflect the true inflationary pressure experienced since the beginning of this year.

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