Andrew Scheer Just Announced a Sneaky Campaign Promise That Would Let Rich Canadians Dodge Taxes - 2019-09-26
In 2017, the federal government announced it was closing a loophole in the small business tax code that allowed rich Canadians to use private companies to shelter their investments to dodge taxes. At the time, Scheer's Conservatives railed against the move as an attack on farmers and small business owners.
Sanger said Scheer's Conservatives are trying to confuse the public by conflating a tax loophole for millionaires with a tax cut for mom and pop shops on Main Street.
"The Conservatives and the business lobby groups really tried to paint these measures as things that would hurt small mom and pop shops," Sanger said, "but the real beneficiaries of these are wealthy individuals and professionals who are sheltering billions and billions of dollars in these private corporations."
Despite Scheer's sneaky attempt to portray a loophole for millionaires as something that benefits ordinary small business owners, the overwhelming majority of small business owners don't actually benefit from it.