Скачать или смотреть Federal Budget March 2017: Not much tax news ... but beware the trend

Federal Budget March 2017: Not much tax news ... but beware the trend

Debi PeverillPainless Financial Training GroupPFTGIfinancial literacytip of the weekFederal BudgetCanada Federal Budget 2017taxfinancial prosperityChartered AccountanttrendJustin TrudeauLiberalmoney

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The federal budget brought down in March of 2017 was more interesting for what it did not do, than what it did. We were expecting an increase in the capital gains inclusion rate from 50% to 75% and that did not happen. There are continued threats to increase the amount that “wealthy” taxpayers pay in income tax and the government is still studying the possibilities. We should resist any effort to increase the amount of tax that is being charged to successful small business owners. If we remove incentives to be successful – people will stop starting businesses and providing employment to others. We can’t all work for the government, someone has to create wealth.

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