Instead of clamping down on the entrepreneurs who drive Canada’s economy, the federal government needs to back off on all taxation.

The federal government is determined to eliminate the perceived income tax benefit provided to people who incorporate. The argument is that those who incorporate get an unfair benefit at the expense of Canadians who file tax returns as individuals, usually as employees.

The Finance Department proposes to eliminate exclusions and oddities so that incorporated professionals, farmers and entrepreneurs pay more tax and at rates comparable to employed individuals.

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