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Jeffrey Simpson: The cost of tax exemptions

Globe columnist takes questions on Canadian tax loopholes

  • Hi, I'm Guy Nicholson, an editor with The Globe and Mail's opinions section. We're here today with Jeffrey Simpson to discuss his Wednesday column about why, at a time of budget deficits, we aren't looking at so-called tax expenditures - exemptions - as a way to close the gap.

    Please start submitting your questions now - Jeffrey will be online shortly to begin the discussion. As we wait for readers to chime in, I'll start with a question for our columnist.

    Jeffrey, in the comments on your column, some readers asked about the language of calling exemptions "expenditures." Why is it we consider money that never left a taxpayer's pocket to be an expenditure?
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