Ottawa’s new tax proposals: Slow down and get them right
There has been unprecedented opposition to the tax changes that were proposed on July 18, 2017. Despite the criticism and concerns, the Liberal government is still trying to sell the proposals as tweaks to the existing tax system that will only target the rich. The media and business owners of all sizes are concerned that changes are problematic, are significant changes and have other adverse consequences. Given that there was only a short 75-day consultation period, there is a need for Ottawa to slow down the process of reforming the tax system and thoroughly investigate the tax proposal in order to get it done right.
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