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Corporate tax cuts necessary for economy
Monday, April 12th, 2010
Apr 12 2010
Unless policies change, businesses across Canada will be hit by a series of increased payroll taxes, starting in 2011 when the current employment insurance premium freeze ends. If these planned increases proceed, they will make it harder for businesses large and small to maintain their current employees, let alone hire new ones… Similarly, instead of proposing to renege on promised corporate tax reductions that businesses are using to decide whether to invest in Canada, opposition parties need to consider how paying $5 billion to $6 billion more per year will help Canadian companies survive international competition that intensifies by the day.
Tags: economy, globalization
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