Midweek podcast: Will tax cuts help embattled Finance Minister?
It's hard not to be a cynic on this one.
With Finance Minister Bill Morneau on the defensive over his proposed tax changes and questions about how his personal wealth is being handled, Ottawa announced its plans this week to cut the small business tax rate from 10.5 per cent to nine per cent by 2019.
The drop, first announced during the lead-up to the 2015 election campaign, would first lower to 10 per cent on Jan. 1, 2018, and then down to nine per cent on Jan. 1, 2019.
- Opposition parties question whether Morneau's family business benefits from tax changes
- ANALYSIS - Liberals turn to pasta to move past 3 months of fuss and fury over tax fairness
- Liberals pledge to cut small business tax rate to 9% amid backlash over proposed tax reforms
According to the President and CEO of the Canadian Federation of Independent Business, Dan Kelly, the push back of the past few months forced the government's hand.
"The tax cut which I believed was deader than a door nail two weeks ago, was suddenly back on the books," Kelly to The House.
The House also spoke to Chris Torres, the National Organizing Director for United We Dream - the American campaign that pushed Barakck Obama to introduce the DACA (Deferred Action for Childhood Arrivals) program that Donald Trump has moved to eliminate.