Mr. Speaker, while the member is chopping, it was only our government that cut taxes for small business.
As the law currently stands, the rate will fall down to 9% within three years. The government proposes legislation that will raise it up back to 10.5%. That is an increase in taxes on 622,000 small businesses that pay $150 billion in wages.
The budget contains a bunch of inflated numbers for job creation. Has the finance department done any calculation on job losses with this tax hike?