A re-elected Conservative Government will lower the small business tax rate from 11 percent to 9 percent over the next four years.
This tax cut – the largest tax rate cut for small businesses in more than 25 years – will provide $2.7 billion in tax relief to nearly 700,000 small businesses over this period.
Justin Trudeau’s Liberals and Thomas Mulcair’s NDP voted against our tax cuts for Canada’s small businesses.
In fact, Justin claims that most small businesses – “a large percentage” – are just schemes for wealthy Canadians to avoid paying taxes. This lack of understanding is disrespectful of small business owners and speaks to his basic economic illiteracy.
Only Prime Minister Stephen Harper has the proven experience to keep taxes low and the economy moving forward. The Harper Government’s low-tax plan for job-creating small businesses will support economic growth and new job creation now and in the future.