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Originally Posted by The Fonz
What are the Liberals intentions in regards to corporate tax rates?
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Either keep them at the current rate or lower them (in response to a potential American rate cut), so we remain competitive with US businesses.
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“We always have to stay competitive on the international stage and where we are now is a very good place,” Trudeau told BNN Monday. “We know the Americans are maybe looking at dropping their corporate income tax rates, so we might have to make adjustments.” Trudeau didn’t elaborate.
Reducing corporate tax rates “stimulates growth and investment” in Canada, he said. “We just have to make sure that we’re doing it in a way that is creating opportunity and fairness for everybody in this country.”
Asked for details on Trudeau’s comments, a Liberal spokeswoman said later the party supports maintaining the current corporate tax rate.
“We’re proud of the Liberal record on this. As a result, we are significantly more competitive than the U.S. and our plan calls for the rate to stay where it is,” spokeswoman Kate Purchase said in an e-mail.
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http://www.bnn.ca/News/2015/5/11/Jus...-tax-rate.aspx