If passed in its current form, the Republican tax bill may result in US$1 trillion in tax cuts for U.S. businesses over the next 10 years.
corporate income tax
Premier Wynne can now finish what Premier McGuinty started.
Business owners must spend significant amounts of money on accountants and lawyers to navigate the tax code.
The Trudeau government is pressing ahead with contentious reform plans for small business taxation.
The Liberal government raised the top federal income tax rate to 33 per cent from 29 per cent.
Canada’s economy has grown at or above 1 per cent in 18 different quarters since 2000.
Corporate income taxes are largely paid by ordinary workers.
Corporate tax hike will reduce earnings for typical two-earner household in Alberta by about $830 per year.
The NDP and Green Party both want to raise B.C.’s top personal tax rate.
Growth expectations from private-sector economists have consistently declined since this government came to power.