The Coming U.S.-Canada Tax War

The Coming U.S.-Canada Tax War

On Dec. 16, 1773, Samuel Adams and his group of patriots, the Sons of Liberty, swept aboard a cargo ship filled with 45 tons of East India Company tea, which they promptly dumped into Boston Harbor. The Americans were rebelling against a three-pence tea tax imposed by the then-ruling British government. Like a Canuck version of Sam Adams, federal Finance Minister Jim Flaherty recently took the highly unusual step of upbraiding his American counterparts in a public letter for the “far-reaching extraterritorial implications” of their onerous tax laws that apply to Canadian taxpayers.

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