The Liberals put forth a proposal to tax the hell out of small businesses. At least that’s how it’s being painted by the Opposition.
In reality, the proposed changes would have virtually zero impact on the majority of small business owners, but would focus on self-incorporated doctors. And it wouldn’t raise their taxes, per se, but alter how they can claim their family members as employees, and change how the money they park in investments rather than being poured back into their businesses is assessed.
Fortunately, we have Laval economics professor Stephen Gordon to make sense of this.
And you know what would ease the burden on the beleaguered doctors? Another 65 million Canadians who could share the pain. That’s what author and Globe & Mail columnist Doug Saunders would like to see.