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WE'RE PROTECTING CANADIANS BY HOLDING THE POWERFUL ACCOUNTABLE

Journalism is an important public service. That’s why we’re prioritizing stories aimed at keeping Canadians safe and holding the powerful accountable.

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3 Tim Hudak corporate tax myths busted and given a beat down

Updated May 24, 2014 Tim Hudak’s gone full throttle waging war against corporate taxes, laying out a plan that would make Ontario’s corporate tax rate the lowest in Canada. Except there’s very little evidence this plan will do anything for anyone in Ontario, unless they happen to work on Bay Street. Here’s a busting of […]

May 23, 2014

Updated May 24, 2014

Tim Hudak’s gone full throttle waging war against corporate taxes, laying out a plan that would make Ontario’s corporate tax rate the lowest in Canada.

Except there’s very little evidence this plan will do anything for anyone in Ontario, unless they happen to work on Bay Street.

Here’s a busting of three corporate tax myths Hudak has been floating on the campaign trail:

Corporate taxes are “going through the roof” (source)

The facts:

Ontario’s corporate tax rate is currently…