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93% corporate tax

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  • mcfarms
    Senior Member
    • Nov 2004
    • 1696

    #11
    No dont apologize just should have moved this up into this thread had just said that if people wanted more info.
    But heres those links again

    [URL="https://www.videotax.com/web-tips-articles/proposed-changes-to-private-corporation-taxation-in-canada-july-182017"]https://www.videotax.com/web-tips-articles/proposed-changes-to-private-corporation-taxation-in-canada-july-182017[/URL]

    [URL="http://https://vimeo.com/226079341"]http://https://vimeo.com/226079341[/URL]

    Comment

    • farming101
      Senior Member
      • Mar 2011
      • 3955

      #12
      The end of the entrepreneur

      Comment

      • furrowtickler
        Senior Member
        • Dec 2004
        • 22188

        #13
        They want us all on social welfare - just like the case study in Ontario the Libtards set up .
        They want average Joe to have zero ownership in anything

        Comment

        • macdon02
          Senior Member
          • Sep 2007
          • 1858

          #14
          This is class warfare. If this is liberal, God help us if we go full retard to the left. We only got 7% left once this goes through and it's full blown communism. Next step they take our tax paid assets disguised as a tax. Think about it!!Completely agree furrow
          Last edited by macdon02; Aug 7, 2017, 14:54.

          Comment

          • bgmb
            Senior Member
            • Jan 2007
            • 1645

            #15
            This is all targeted at the doctors and other professionals who are really wage earners but have been allowed to incorporate and essentially defer income as well as pay their wife and children. Essentially amounts to income splitting for doctors, lawyers, accountants ......

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            • rockpile
              Senior Member
              • Oct 2000
              • 879

              #16
              Originally posted by bgmb View Post
              This is all targeted at the doctors and other professionals who are really wage earners but have been allowed to incorporate and essentially defer income as well as pay their wife and children. Essentially amounts to income splitting for doctors, lawyers, accountants ......
              Amen! Someone finally read the fine print. And no guarantee it will happen. This would shit on way too many MPS.

              Comment

              • WiltonRanch
                Senior Member
                • Jul 2012
                • 4524

                #17
                Originally posted by bgmb View Post
                This is all targeted at the doctors and other professionals who are really wage earners but have been allowed to incorporate and essentially defer income as well as pay their wife and children. Essentially amounts to income splitting for doctors, lawyers, accountants ......
                Where does it stop though? I know that's the intent here but it's a slippery slope. Go after tax dodging professionals then turn the screws on small businesses producing tangible goods and services creating employment. considered incorporating but this may change my mind.

                Comment

                • bgmb
                  Senior Member
                  • Jan 2007
                  • 1645

                  #18
                  Originally posted by WiltonRanch View Post
                  Where does it stop though? I know that's the intent here but it's a slippery slope. Go after tax dodging professionals then turn the screws on small businesses producing tangible goods and services creating employment. considered incorporating but this may change my mind.
                  Yeah I don't disagree. I think it would be good to close loopholes and sneaky stuff and just make a level playing field for everyone. But that will probably never happen.

                  Comment

                  • blackpowder
                    Senior Member
                    • Feb 2010
                    • 9364

                    #19
                    I think I'll continue with my plan to exit broke. All the bloodsuckers following my shadow can starve.

                    Comment

                    • SASKFARMER3
                      Senior Member
                      • Feb 2006
                      • 14485

                      #20
                      This is why the feds the prov and the banks wanted farmers and all small mom and pop businesses to all incorporate. It was a way for them to get money from all business big or small

                      Comment

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