Chris Edwards, an economist at the Cato Institute, reports that Tim Horton's (Canada's "Starbucks") is moving its headquarters to Ontario, as the provincial policymakers are cutting the federal-provincial corporate tax rate down to 25 percent (
link). That is 15 percentage points lower than the federal corporate tax rate in the U.S.
Tim Hortons is more like Canada's Dunkin' Donuts...only it's better.
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