It’s really rather simple, as 30-plus percent of us already know. And it defines a good part of what conservative thinking is about:
“Canada needs small business, but more importantly, small business needs a government in Ottawa that’s on the side of the people who work for themselves,” Harper said in Saint John, N.B.
Government on the side of people who work for themselves? Hokum! What is this? America? That ain’t liberal!
And yet he goes on…. saying unliberal things. In Canada yet. What a nut.
A Conservative government would cut the tax rate of small businesses to 11 per cent from 12 per cent over five years, Leader Stephen Harper said Wednesday.
[…] “There’s nothing more important that we can do for small business than help owners keep more of their own money. And if elected, that’s what we’re going to do.”
Harper said the Tories would also help small businesses by allowing them to earn more income before they start paying the corporate income tax rate.
“A new Conservative government will raise the threshold for the small business tax rate from $300,000 to $400,000. This was the No. 1 recommendation of a recent survey conducted by the Canadian Federation of Independent Business.
“A small business with an income of $300,000 or more pays a tax rate of 21 per cent. Below that threshold, a business pays only 12 per cent.
“By raising that threshold, businesses paying between $300,000 and $400,000 will experience an immediate savings in their small-business tax bill. Tens of thousands of small businesses will benefit.”
[source]
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