View Single Post
Old 05-16-2023, 11:14 PM   #10964
topfiverecords
Franchise Player
 
topfiverecords's Avatar
 
Join Date: Feb 2010
Location: Park Hyatt Tokyo
Exp:
Default

Quote:
Originally Posted by Fuzz View Post
I trust Tombe, so I'd want to ask him what would drive the reduction in tax base? Yes, companies could move to the US, but they probably already would have. Elsewhere in Canada 11% is still the lowest, so where would they flee to?


https://www.taxtips.ca/smallbusiness...rates-2021.htm


To me, 8% is leaving a lot of money on the table and doesn't make sense when comparing it to the rest of Canada, particularly because businesses don't have any PST related taxes, either.
Did no one on the UCP play Sim City growing up? You always set your corporate tax rate 1% below the level where citizens begin moving away.

Then you take all that money and build a massive road network of figure eights.
topfiverecords is offline   Reply With Quote