National Post (National Edition)
HOW DO WE KNOW THAT THESE AREN’T ACTUALLY OBJECTIVES RATHER THAN ‘UNINTENDED CONSEQUENCES’?
This would have led to the financial experts and the Department of Finance having congruent interpretations of the tax reforms. Instead there is a huge disconnect between what the Department of Finance is spinning and how financial experts interpret the tax-reform policy.
There are a number of significant “unintended consequences” as a result
Canadians’ voices are getting louder and louder as they register their concerns any way they can in hope that the government will listen and actually engage meaningful consultation. In my opinion, the whole package should be thrown out and started over with proper meaningful consultation.
An even better option would be to leave the tax system the way it is now, drop this whole tax-reform initiative, and just spend less. A low corporate tax is one of the few things that helps us compete internationally.
In Western Canada, we typically export 90 per cent of what we produce and are farther from tidewater than other major exporters. It is not fair to compare tax legislation of small business with that of individual people. That’s like comparing foods like meat and bread: Individually, meat and bread are quite different, but when they’re put together, they can actually make something better and more useful.
I have always believed that government should work for the people, not the reverse. It appears that the path we must utilize to maintain our ability to have our voice heard is to lobby federal Liberal MPs any and every way we can.