“Let us amuse ourselves,” one of my University of Toronto economics professors began his lecture (a decade ago, when I was an undergraduate student), “by discussing tax incidence for two hours.” It is a shame there were only a few dozen people in that class. If more Canadians were afforded two hours of instruction in tax incidence, the Liberals would have a harder time getting away with the nonsense they’re peddling about how their capital gains tax hike will only cost the super-rich.