The shift to lightweight infrastructure and plug and play access will
reduce small business capital requirements, shift many small business costs from fixed to variable and reduce overall risk for small businesses.
Not exact matches
Cut taxes for
small business owners, increase access to
capital, and
reduce regulations that keep them from starting up.
Three initiatives tied for most popular among the CEOs: increasing the income eligible for the
reduced small business tax rate to $ 500,000 from $ 400,000, extending the
capital cost allowance on investment in manufacturing, and the $ 12 billion committed to infrastructure spending.
Companies selling
capital goods will experience
reduced demand from
small -
business owners who tend to cut back on
capital investment when their taxes rise.
Various academic and think tank studies have found that reductions in the
small business tax rate disproportionately benefit wealthy individuals who incorporate their
businesses in order to
reduce their personal income tax burden, split income with family «shareholders» and avoid
capital gains taxes.
Other economic policies include
reducing the regulatory burden for
small businesses and northern development; a new $ 75 million venture
capital fund to help
businesses commercialize new technology developments; a $ 900 million Strategic Aerospace and Defence Initiative and a $ 250 million Automotive Innovation Fund to support these industrial sectors; a $ 1 billion Community Development Trust to support communities and workers in struggling industries; a commitment to
reduce inter-provincial trade barriers by 2010; pursuing new trade agreements with emerging markets; as well as a reorganization of federal regional development strategies.
The Summit will bring together
small business owners, financial institutions, support industries, and government stakeholders to help facilitate access to
capital,
reduce regulatory barriers, and grow employment and investment at our
smallest — but most critical — places of
business.
Qualified fishing property is also eligible for the enhanced lifetime cumulative
capital gains deduction limit to $ 1 million, effective for dispositions of qualified fishing property after April 20, 2015.39 Similar to the rules for farm property and
small business shares, the available
capital gains deduction will be
reduced by the amount of
capital gains deductions claimed on other property.
The federal government has more than enough money to raise personal taxes, especially from high income individuals, by
reducing some of the following: the
small business tax deduction ($ 3.2 billion), lifetime
capital gains exemption ($ 600 million), donation credit related to gifted securities ($ 52 million), flow - through shares ($ 125 million) and bringing
capital gains tax rates in line with the top tax rate on dividends ($ 1.25 billion).