1. Equalization payment
... So anything that causes net fiscal benefit to be different will raise an incentive to inefficient migration. Robin Boadway listed three prominent sources from which net fiscal benefit differentials across provinces may arise. The first one is from the differences in source-based tax revenues. Under Canadian constitution, provinces have access to revenues from non-renewable resources within ... would impose a higher tax rate. Inefficient migration would be caused by different tax capacity. In reality, people may not be that responsive to net fiscal benefit since moving across provinces ...
- Word Count: 2179
- Approx Pages: 9
- Has Bibliography
- Grade Level: Undergraduate