On Income Trusts and Corporate Taxes
Turns out there are still a few writers over at the Mop & Pail with their heads screwed on right. In fact, Derek Decloet not only writes a good article, he also manages to offer up the kind of bold policy Canada's new government should be pushing in just one sentence:
"Then let's cut the corporate rate to 10 per cent, and watch as Toronto becomes a magnet for head offices."
How about it guys? It's just a teeny, tiny tax cut?
2 Comments:
Yes, but of exactly the type that Jack Layton will howl is a favour to multi-million dollar corporations in bed with the Government!
And the two local fourth-party MPs will be only too happy to repeat that while screaming for Big Three assistance out of the other side of their mouths.
May 31, 2007 9:21 PM
I agree wholeheartedly Matt, especially since we have one of the highest corporate tax rates in the world.
http://www.ottawabusinessjournal.com/289215178646614.php
June 27, 2007 9:11 AM
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