No time like the present

Article Abstract:

The marginal tax rate in Quebec, Canada, was found to exceed 100% for some taxpayer classes, particularly for low-wage earners and the middle class. Quebec has one of the highest taxes in all of Canada's provinces, but its officials remain adamant on their policy, which has a negative impact on taxpayers. With high income taxes, taxpayers become less productive and are encouraged to put their savings into ineffective tax shelters. In addition, more people will tend to choose the underground economy for their businesses, while some would rather go to another country with lower taxes

Public Finance Activities, Revenues-State Govt, Tax deductions, Taxation, Income tax, Tax policy, State government, Quebec, Revenue

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Europe's newest entrepreneurs

Article Abstract:

A new economy built around local firms is emerging in Eastern Europe with the collapse of the previously centrally planned system and the transition to a market-oriented system. Thousands of shops and restaurants are already evident in cities while a new manufacturing sector is developing around small plants in the rural areas. Eastern Europe's prospects for economic improvement are apparently bright for the next 15 years.

Economic aspects, Forecasts and trends, Eastern Europe, Economic development, Europe, Eastern

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Reinventing our jobs

Article Abstract:

The various ways in which business service professionals such as accountants must respond to change are considered. It is important to embrace change, rather than respond to it belatedly.

Management Development, Management, Column, Organizational change

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