New Conservative government to repeal Trudeau tax increases and reduce red tape
Small business owners can look forward to a new Conservative government repealing Justin Trudeau’s tax increases and cutting red tape, announced Andrew Scheer at Cracker Jack’s Bar and Grill today.
“Justin Trudeau thinks small businesses are tax cheats, “said Scheer. “In the last four years, it has become more expensive than ever to run a business. Trudeau’s Carbon Tax raised the price of gasoline and heating, making it harder to pay monthly bills. His payroll tax hikes hurt the bottom line, and his unprecedented tax hike on small businesses in 2017 – although Canada’s Conservatives and business leaders came together to try to stop it – ended up costing small businesses even more.”
The government should not stand in the way and make life more difficult for those trying to make a living and grow their business.
Not only are small businesses victim to the Trudeau government’s tax hikes, small businesses across the country are also struggling under a massive regulatory burden. Justin Trudeau has imposed more than 4,300 job-killing, growth-choking federal regulations on Canadian business since 2015.
A new Conservative government will take several measures to support our small businesses:
Repeal Trudeau’s tax increases on small business investments
Exempt spouses from Trudeau’s tax increases on small business dividends
Make it easier to navigate Canada’s tax system and the Canada Revenue Agency
Reduce federal regulations by 25 per cent
Implement a 2-for-1 rule for new regulations
Assign a Minister reporting directly to the Prime Minister to lead red tape reduction efforts
Mandate ministers and regulators to support innovation, economic growth, and global competitiveness
Champion Canada’s small businesses to the world
“A new Conservative government will continue to celebrate small businesses as drivers of prosperity, and not view them merely as sources of revenue,” said Scheer. “It’s time to stop Justin Trudeau’s attacks on small business owners. It is time for Canada’s small businesses to get ahead.”