Small business tax backlash tops agenda for Liberal caucus retreat - News Summed Up

Small business tax backlash tops agenda for Liberal caucus retreat


Liberal MPs are bracing for sparks to fly during the fall sitting of the House of Commons over a host of issues — first among them, controversial proposals to eliminate tax loopholes the government maintains give wealthy small business owners an unfair tax advantage. For all that, as they arrive in Kelowna today for the two-day retreat, Liberal MPs are upbeat about their ability to weather the political wildfires to come. The sluggish economy is finally showing signs of strength, Trudeau’s popularity remains high and their constituents, backbenchers say, are relatively satisfied. “We have to earn it every day.”On that score, Liberals are taking seriously the revolt by doctors, lawyers, farmers, financial planners, homebuilders, shop owners and other incorporated small business owners who have inundated MPs over the summer with complaints about the proposed tax changes. Consultations on the proposals are open until Oct. 2 and backbenchers intend to use the retreat to pressure the government to make some changes to mollify small business owners.


Source: National Post September 05, 2017 01:52 UTC



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