I'll give you one reason off the top of my head that makes me certain I am supporting the right man for PM.
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Every other party is against what had already been agreed to: further reducing the corporate tax rate. This had already been approved in a previous budget, and the Conservatives were (will be) simply fulfilling a promise.
Why do I feel corporate taxes are bad? A tax like this takes money away from entrepreneurs - people who drive the full-sized pickup that holds the economic engine of our country. Corporations create jobs. Corporations generate wealth. I do not for the life of me understand why the word 'wealth' is such a dirty word. We should want people to be successful! (OK, it's late, and maybe I'm rambling, but I'll try and tie it together a little bit.)
I know a number of small, medium and large business owners who pay corporate tax. It's not just the 'Big Banks and Oil Companies.' Anybody who owns a business that is incorporated? Pays corporate tax. (Farmers, transportation companies, manufacturers, tech companies...) While some may feel that's fair, I tend to disagree. The people who own these businesses are taxpayers. And when they employ people - Man! Think of all the costs that are incurred to pay the other half of the CPP, EI premiums, Group Health Plans, etc. Our business sector is overtaxed and overcharged, but those are beneficial costs to the employer and the employee (the cost of doing business). Corporate tax taxes a taxpayer twice. To say otherwise makes no sense.
There's a valid argument out there that some people suffer from the 'Corporate Greed Disease', but in my experience, most businesses I've worked with or for aren't out to screw their employees. Bonuses, raises, all benefit the employee, but also the employer - happy worker, happy owner.
What's my point? The less money the government is sucking out of people's pockets the better. I keep reading reports that even as taxes of all kinds are slowly dropping, Canada's revenue isn't suffering - in fact, there seems to be more money coming in! Every time Parliamentary Budget Officer Kevin Page comes out, he tries to scare us all into believing that the country's deficit is huge, but every actual accounting is showing us that the deficit that was unanimously forced on Canadians by the opposition (and the global economic crash) is shrinking faster than predicted. And that's with most of the corporate cuts already in effect.
So to conclude, what Harper is doing is two things: lowering the rates to make Canada the best place to do business while taxing business owners less the 2nd time (because again, they are already taxpayers once - and why is a corporation a taxpayer? It can't vote, so why make it pay?), and following through on the pledge to balance the budget by leaving some extra money in the hands of the people who work their butts off to be successful. If I still had a band and we toured and made lots of money, and got big enough to 'own' a brand, my understanding is that we would get taxed twice, once for any income we received, and a second time for generating profit. (I'm not a numbers genius, but I believe that's how it works.)
Where's the incentive in that? I realize everyone needs to pay their share, but ambitious people have to pay twice? Unacceptable. More money in people's pockets means more to save and more to spend.
So you may disagree with me, and that is the beauty of this democracy that we live in, but I support a Prime Minister who supports drive, ambition, hard work, and success.
That's how I see it, how about you?
