Six facts you need to know about Ottawa’s tax reforms
Good column by Toronto Star business columnist David Olive dealing with some common myths about the Federal Government’s tax reforms. It looks more and more that the federal government will cave on substantial parts of their tax reform package. Of course they needed to fix a few glitches and implement fair transition periods for the reforms. But, increasingly it looks like Minister Morneau has fumbled the ball politically. Let your MP know you support the government’s changes for small business taxation AND you want tax reform that would really raise money — e.g. on stock options and capital gains, and a Tobin tax on financial speculation.