. If we eliminated all income tax for small businesses, everyone would win: government would collect more taxes, Canadians would have more jobs and entrepreneurs would finally get a fair reward for shouldering all the risks associated with running a business.
In the final analysis, any society that stifles its people in the pursuit of creativity, productivity and ingenuity is a decaying society.Frank Stronach is the founder of Magna International Inc., one of Canada’s largest global companies, and an inductee in the Automotive Hall of Fame.