The benefits of business tax cuts

Published on January 18, 2018

maxime-building-Toronto.jpgApple will build a second campus and hire 20,000 workers in a $350 billion pledge.

Apple’s announcement is another spectacular example of the benefits of business tax cuts. This is in addition to Walmart, which announced last week that it will increase the minimum wage of its employees to $11 ($13.75 CAD). This is what happens when you cut taxes: businesses keep more of their revenues and can use it to boost their employees’s wages and benefits, lower prices for their clients, increase investment, reward their shareholders, and grow the economy. That’s how a free economy works.

Canada will lose its competitiveness if we don’t follow. The Liberals are unsuited to deal with this challenge with their tax-and-spend ideology.

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