RE: The Ontario 2018 election thread
04-20-2018, 11:04 AM (This post was last modified: 04-20-2018, 11:09 AM by robkelk. Edit Reason: typo fix )
04-20-2018, 11:04 AM (This post was last modified: 04-20-2018, 11:09 AM by robkelk. Edit Reason: typo fix )
We finally have a point for debate!
Ontario's corporate tax rate is the lowest in Canada.
It's a graduated scale, depending on how much profit the company makes. Nobody wants to touch the corporate tax rate for the first half-million dollars of profit, so this only affects big business.
Ontario's corporate tax rate is the lowest in Canada.
- The PCs want to lower the corporate income tax rate. (Doug Ford's family owns a reasonably large corporation; when asked whether he'd benefit, he dodged the question by saying he'd be taking a pay cut by becoming Premier.)
- The Liberals want to leave it as-is.
- The NDP want to raise it.
- The Greens want to raise it, but lower the employer's contribution to the provincial health plan (which covers everyone in Ontario).
It's a graduated scale, depending on how much profit the company makes. Nobody wants to touch the corporate tax rate for the first half-million dollars of profit, so this only affects big business.
--
Rob Kelk
Sticks and stones can break your bones,
But words can break your heart.
Boycotting ALL products from the USA as long as that country's leader continues to lie about my native country.
Government of Canada: How to immigrate to Canada
Government of Canada: Claiming refugee protection (asylum) from within Canada
Rob Kelk
Sticks and stones can break your bones,
But words can break your heart.
Boycotting ALL products from the USA as long as that country's leader continues to lie about my native country.
Government of Canada: How to immigrate to Canada
Government of Canada: Claiming refugee protection (asylum) from within Canada

