Doctors, farmers, small-business advocacy groups and many others have vigorously attacked Morneau’s plan. The government says its proposed measures are necessary because certain groups of high-earners are using private corporations to get tax advantages unavailable to others. “I think that everyone should pay the same rate of tax on their income,” he said, claiming the government’s plan won’t achieve that. Doctors would be badly hit by that change, as about two-thirds of them across Canada are now incorporated for tax reasons. But Morneau declined to elaborate on what provinces think of this tax change.
Source: National Post September 05, 2017 23:19 UTC