Is there a cost to taxing the rich?

Ontario avoids an election after Premier McGuinty strikes a deal with the NDP to apply a two per cent surtax to people earning more than $500,000.

 

Hear Bay Street money manager, Jim Doak; Miles Corak, professor of Public and International Affairs at the University of Ottawa; NDP leader Andrea Horwath; and callers debate the deal the Liberal government struck to stay in power.