Mr. Speaker, the finance minister is proposing to tax the investment income of small business owners at a rate of 73%. That means that Boyd Yamamoto, the owner of Sardis Health Foods, in Chilliwack, will now be punished after years of hard work for setting aside money for his retirement. Why is the finance minister forcing Boyd to pay a 73% tax that not even the millionaire owners of Morneau Shepell will have to pay? How is that fair?
In the House of Commons on September 20th, 2017. See this statement in context.