What do doctors really have to fear from the feds’ tax crackdown?

By Michael Wolfson

A version of this commentary appeared in Maclean’s Magazine

What do doctors really have to fear from the feds’ tax crackdown?

Among the most insistent critics of the recent proposals by Finance Minister Bill Morneau to tighten up the use of private companies to avoid taxes have been Canada’s doctors.

Canadians generally do not begrudge doctors their above-average incomes. They spend many years training for their jobs, and then sometimes literally hold our lives in their hands. Still, valid questions remain about how much they make and how much tax they pay. Despite some claims, are doctors really in the middle class?

Read the rest of the article at Maclean’s: http://www.macleans.ca/opinion/what-do-doctors-really-have-to-fear-from-the-feds-tax-crackdown/

 

Michael Wolfson is an expert advisor with EvidenceNetwork.ca and a member of the Centre for Health Law, Policy and Ethics at the University of Ottawa.  He was a Canada Research Chair at the University of Ottawa. He is a former assistant chief statistician at Statistics Canada and has a PhD in economics from Cambridge.

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