Sentences with phrase «promised tax cuts for small businesses»

The update also accounted for some adjustments the government announced last week to its package of tax proposals, including the fiscal impact of its promised tax cuts for small businesses.

Not exact matches

NDP promises include a two point cut in the small business tax rate (already implemented in the budget by the Conservatives); extension of the accelerated capital cost allowance for two years (also already implemented by the Conservatives); an innovation tax credit for machinery used in research and development; an additional one cent of gas tax for the provinces for infrastructure; a transit infrastructure fund; increased funding for social housing; a major child care initiative; increasing ODA funding to 0.7 per cent of Gross National Income (GNI); and restoring the 6 % annual escalator to the Canada Health Transfer.

Amid the outrage, the government also announced it would resurrect a 2015 campaign promise to cut taxes for small businesses.

But the way the deal was done — with a promise - busting tax increase to help pay for an election - year middle - class tax rebate, and a minimum - wage boost coupled with a tax cut for small businesses — was a vivid illustration of the genius and the expediency of the Andrew Cuomo method.