Opinion: We can’t just kill the small-business tax rate

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 92%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

We can’t just kill the small-business tax rate GlobeBusiness

Ted Mallett is VP & Chief Economist of the Canadian Federation of Independent Business.

Mr. Lanthier’s view, as with some other academics and commentators over the years, suggests that corporate income tax obligations need to be more proportional – i.e. the same tax rate – for all sizes of businesses. This view may sound reasonable on the surface, but it leaves out allowance for some legitimate real-world distortions that the lower small-business tax rate was explicitly designed to address.

The other chief rationale for the small-business rate is that small firms deal with disproportionately higher costs of government regulations. Obviously limiting regulations to what is necessary and keeping them efficiently structured are the most important steps, but tax measures are a useful approach as well.

The policy has also been called a disincentive to growth. If so, we should be seeing a mountain of businesses clustered at the $500,000 taxable income margin; in fact there is only a molehill. The clustering is instead at the low end of the income scale, which suggests that there are plenty of growth disincentives that have nothing to do with tax rates.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 5. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

globebusiness Nice to see a rational fact based response. We hardly see these anymore.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Report on Small Business Newsletter: He first worked at Kawartha Dairy as an 11-year-old. Now he’s back as CEOReport on Small Business Newsletter: He first worked at Kawartha Dairy as an 11-year-old. Now he’s back as CEO GlobeBusiness globebusiness Is that in addition to his apparently obvious job as quality control - food taster?
출처: globeandmail - 🏆 5. / 92 더 많은 것을 읽으십시오 »