Small business tax reform a test of Trudeau’s nerve
•What the Liberals need now is nerve, a more detailed defence of their policy and faith that average Canadians will stand with them, despite the noise coming from a well-heeled minority, and their well-paid lobbyists, who are loudly protesting this unexpected attack on their long-standing privileges.
•Justin Trudeau’s proposal to eliminate loopholes in the small business tax is a modest step in the direction of tax fairness and Finance Minister Bill Morneau is, in many ways, an ideal spear-carrier for reform.
Canada's federal Finance Minister Bill Morneau, pictured in a scrum on the Hill. The uber-polite Mr. Morneau isn’t cabinet’s most dynamic pitchman, true, but, as a former Bay Street executive, he knows the many legal, if morally questionable, ways that the wealthy avoid paying their fair share of taxes. Like Paul Martin and former Conservative Party finance minister, Jim Flaherty, Morneau is a former insider in a club that few can afford to join.The Hill Times file photograph