I've spoken to a number of entrepreneurs in Canada. One of the things I've heard from many of them is that they believe that if you have rates like $50,000....on passive investments before you suddenly pay the much larger tax rate on that $50,001 up, they may end up simply incorporating further companies and seeing those profits go there.
For example, in many successful franchise companies, you have an entrepreneur who will have the trademark, the intellectual property, in a company. Then, they will lease out that intellectual property and return passive investment. Again, by incorporating some of these actions, do you not foresee that there could be a further stimulus to increased incorporation, particularly for those who deal in intangible items in passive investments? Has there been any modelling that you've done?