Thank you, Mr. Speaker. Further to that I'm going to have to be very careful to make sure that I'm clear with my question here. The follow-up to that, Mr. Speaker, is that I know that the Minister is aware, and I understand that the income level that small businesses will be eligible for this low tax rate will go up from $300,000 to $400,000, which is a good thing, but not too many businesses in the North make that much. What is also important is to raise the tax rate for those who are making first $300,000 and I'd like to know whether or not...The government has suggested reducing small tax rate in exchange for getting rid of BIP. One of the questions raised yesterday was, why should we make some businesses suffer in order for us to get something that other, even big corporations, the government may change its big corporation taxes to be on par with the rest of the jurisdictions. So I'd just like to ask the Minister if he could understand my question because I'm trying to do what I can to explain, but this is a pretty dry area. So I'd like to know if the Minister will make a commitment to review this to see what we can do to help small businesses who are going to be undergoing a lot of cost risers over the next number of months. Thank you.
Sandy Lee on Question 14-15(5): Impact Of Fiscal Policy On Small Businesses
In the Legislative Assembly on May 31st, 2006. See this statement in context.
Supplementary To Question 14-15(5): Impact Of Fiscal Policy On Small Businesses
Question 14-15(5): Impact Of Fiscal Policy On Small Businesses
Item 6: Oral Questions
May 30th, 2006
Page 37
See context to find out what was said next.