NDP Slams Tax Relief for Small Business
As Canadians mark Small Business Week, the NDP is slamming our Conservative government’s tax relief for small business.
Today, shortly after the introduction of the Jobs and Growth Act, 2012 and its provision to extend the job-creating Hiring Credit for Small Business, NDP Finance Critic Peggy Nash blasted this tax relief for small business and our Government’s record of supporting small business: “It is, yet again, an across-the-board cut for small business.”
Despite the fact the hiring credit will benefit approximately 536,000 small businesses, the NDP is bemoaning more tax relief for small business and the Canadians they employ.
Indeed, the NDP also recently voted against lowering the small business tax rate to 11%.
Much like their plan to impose a job-killing $21 billion carbon tax scheme on small businesses, the NDP’s shocking comments again demonstrated their high-tax agenda that would impose higher, crippling taxes on Canadian business and the Canadian economy.