- Pledges to increase the small-business tax-free income threshold to $500,000 from $450,000 starting in 2017. (1, 9)
- Eliminated the small business tax rate for businesses with income under $450,000 in 2010 (reducing it from 1%). (1, 9)
|
- Pledges not to raise business or retail taxes without having Manitobans vote on any proposed increases, with a rule that would impose a mandatory pay cut of 20% for premiers and cabinet members if they increase taxes without a vote. (2, 3)
- Is committed to improving the Small Business Venture Capital Tax Credit, after consultations with the business community. (3)
- Pledges to establish a ‘Red-Tape Reduction Force’ of business, labour, and community leaders to reduce red-tape hindering business growth. (3)
|
- Pledges to phase out payroll taxes once the provincial budget is balanced, beginning with educational institutions. (4, 5)
|
- Pledges to reduce the Health and Education Levy (a payroll tax) on small businesses. (6, 7)
- Promises to increase the tax rate for large corporations [ from 12% to 15.9% to fund education in the province. (6)
- Pledges to eliminate PST exemptions for farm pesticides, farm subsidies on gasoline, and other unspecified corporate income tax subsidies. (6)
|
Comments are closed, but trackbacks and pingbacks are open.