Look At The Numbers: There’s No Justifying A Tax Hike On Employers
Canadian Finance Minister Bill Morneau proposes changes to taxing small businesses that can cause businesses to close or force owners to spend their savings. This will cause business to raise their costs, ultimately forcing Canadian citizens to pay more money for goods and services. The proposed changes don’t accurately represent the facts of how they will impact Canadians. As the author says, “In many cases you’re not simply changing the rules; you’re changing the entire game.” There’s a big difference between an employee and someone who has taken a chance to start a business. The current system has worked for 45 years, and we should continue to honour this system because it recognises those differences.