Proposed Tax changes for corporations

[mcfarms]

[URL="https://vimeo.com/226079341"]http://https://vimeo.com/226079341[/URL]


Thought I should share this will have effects on some of those on here and no effects on others,

[farmaholic]

........do you think there should be any allowances or exemptions made for the amount of risk taken to earn the income. An Optometrist/Opthamologist/Doctor/Consultant versus something like a primary production ag corp, mining corp, oil exploration. I think there is a huge difference in the amount of risk taken to earn the income between some corporate businesses(or the same businesses not incorporated).

I guess they are also trying to stop the distribution of cheat/cheap tax income to people with little skin in the game or to those taking little risk in earning the income.

Without incorporation, I believe the current tax structure would stiffle business growth. It's ridiculous that the harder you work to financially get ahead the more you're taxed. Punitive tax policy! I would do less before I would give away more money to tax if I wasn't incorporated!!! Now where is that logical Mr. Taxman?