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Originally Posted by curves2000
Personally I think one of the reasons why the federal government has somewhat paused the capital gains inclusion rate to 2/3 and not included it in the actual budget, is because of concerns with medical professionals. There could be some internal polling indicating a shocking amount of Dr's may leave Canada or retire early if this get's implemented or if there are not additional carve outs. Health care is a serious concern for Canadians and it's getting worse while we are going into an election year.
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Prepare to be disappointed. First, I think they cut it out so that parties were on record for voting for or against that specific policy. The CPC hasn’t said anything and this forces a position.
Second, as a small business owner myself, there is really no reason that small businesses should get to invest and pay less taxes than an individual. That’s one of the points of this and some of the other things the Liberals have brought in. While some of those advantages were nice to have, the reality is they’re so difficult to justify. But, one of the major things this targets is the real estate ownership in a fair number of small businesses including medical practices. I do think it’s a little cumbersome (there are other ways they could’ve gone about it), but I do think it’s a consideration.