Why small business taxation does need fixing
In recent days, federal political discussion has focused on how Canada, like many other countries, taxes small businesses differently than large ones. Liberal leader Justin Trudeau has said a "large percentage" of small businesses are used by wealthy Canadians to avoid taxes, which Conservative leader Stephen Harper said was unfair and untrue, while NDP Leader Thomas Mulcair called on Trudeau to apologize. So let's take a look at what we know about how small business is taxed, whether it matters, and what policy should do.
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