Claims it would pay for itself as employers used the tax break to create more jobs.
From 11.5% to 10.5% to “help grow the economy and create jobs.”
With BC increase, no longer necessary to stay competitive with other western provinces.
But, there’s one thing missing: a plan to pull it off.
Tax hikes to carbon, corporations and high-income earners are part of the plan.
Liberals want to raise the income threshold to $500,000 from $350,000 to allow more businesses to pay the lower rate.
There couldn’t be a worse time to hand another competitive advantage to the Americans.
Potential benefits from $1-trillion infrastructure program for Canadian raw materials.
Rate will be fixed at 10.5% on first $500,000 of active business income.
Democratic candidate says revenue would boost manufacturing jobs.
IRS says it determined that Ford’s deposit was an overpayment.
Low oil prices have driven a $1.1 billion surplus into a $500 million deficit.
2.5% corporate tax rate would be the lowest for small businesses east of Manitoba.
Toronto, Vancouver and Montreal lead international cities for tax competitiveness
Maintaining low inflation, reducing debts, and preserving and improving tax levels are key to sector’s competitiveness.