Small business tax changes missing the real targets
The federal Liberals have certainly opened up the proverbial can of worms with their proposals for changing the taxation rules affecting small businesses. If there were such a thing as a Richter scale for backlash, this one would be closing in on 9.0. Opposition has been growing since the mid-July release for public comment of the details underlying a Liberal campaign promise to stop highly paid individuals – including physicians – from using the small business tax regime to reduce their taxes. The Coalition for Small Business Tax Fairness has organized doctors, farmers, lawyers, shop owners and other small...
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