Quote:
Originally Posted by llwhiteoutll
Yet at the same time, Morneau and Trudeau are completely happy to go after regular Canadians over drops in the bucket.
If people are fine with a $25k drop in the bucket for Morneau, then they should be fine when a small business owner invested through their company and saved $10k in taxes. That $10k is a tiny drop in the bucket of tax revenues.
|
The new rules will exempt the first $50,000 of passive income from the changes.