NDP Encourages Small Businesses to 'Invoice' Liberal Government Over Broken Promise.
May 25th, 2016 - 3:18pm
FOR IMMEDIATE RELEASE
May 25, 2016
NDP ENCOURAGES SMALL BUSINESSES TO ‘INVOICE’ LIBERAL GOVERNMENT OVER BROKEN PROMISE
OTTAWA – New Democrat Critic for Small Business, Gord Johns, launched a campaign today that will encourage small businesses from across the country to send a ‘Broken Promise Invoice’ to the Liberal government. This follows the Liberal decision to abandon a campaign commitment to reduce small business taxes from 11% to 9%.
“This Liberal broken promise has a very real cost to small business owners,” Johns said, “So we’re encouraging them to send the bill directly to those responsible.”
In 2015 the NDP successfully pressured the previous government to introduce the tax break for small businesses, and during the election all three parties promised to honour the reduction to 9%. Yet, in their first budget the Liberal government cancelled all future reductions.
“We’ve heard directly from small business owners who were counting on these scheduled reductions,” said NDP Finance Critic Guy Caron, “They could have upgraded their operations or given their employees a raise. Now they feel betrayed.”
In total, the cancelled tax reduction will cost Canadian small businesses $2.2 billion over the next four years. Caron and the NDP have announced they intend to amend the Budget Implementation Act, Bill C-15, to reinstate the tax cut in the coming days.
Small business owners can fill out a Broken Promise Invoice online or download their own and mail it in: http://www.ndp.ca/smallbusinesses
For more information, please contact:
NDP Media Centre: 613-222-2351 or firstname.lastname@example.org