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Tax advantage was better in Canada even after Trump cuts, Finance document says

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The August 2018 analysis said the American tax reforms had “reduced, but not eliminated” the tax advantage for businesses north of the border

OTTAWA — Finance Minister Bill Morneau was told months before he gave a federal helping hand to the country’s businesses that companies operating in Canada faced a better tax environment than in the United States — even after the Trump administration’s sharp tax cuts.

He said Morneau should still aim to lower the combined federal-provincial tax rate on businesses to 20 per cent from the current almost-27 per cent, which is above the average of OECD countries. Kingston said the measure focused on the write-off rules shouldn’t be viewed as making Canada more competitive than the United States.

 

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Your crazy imo

Um no not even close

Sure it was--that's why companies are moving from Canada to the US....LOL!

Morneau is on a different planet. One where everyone inherits massive fortunes from their daddy.

hahahaha

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