a) REDUCE PERSONAL INCOME TAX
- Zero (0%) tax on earned income, on first $50,000.00 (low income earners)
- 5% tax rate on earned income from, $50, 100.00 to $500,000.00
- Zero (0%) on seniors (65+ Years Old) earned income, on first $100,000.00
b) REDUCE BUSINESS INCOME TAX
- Small business net tax from 9% to 4%
- Other Corporations in Canada, net tax from 15% to 9%
c) REDUCE GST
- From 5% to 2%
- Repeal = Zero
SPECIAL TAX INCENTIVE FOR HIGH END MANUFACTURING, REFINING, MINING, SPACE TECHNOLOGY, ARTIFICIAL INTELLIGENCE AND SHIP BUILDING TO RETURN TO CANADA. AND OR, SET UP AND OPERATE IN CANADA.
OPERATING IN CANADA.
- One (1%) Net tax rate for first 20 years of operation in Canada
- Two (2%) Net tax rate, 21 to 30 years of operating in Canada
- Three (3%) Net tax rate, 31 years to 40 years operating in Canada