Thank you, Madam Speaker. It gives me great pleasure to second this bill. There was a time in this Assembly when the idea of reducing taxes on small business couldn't even be discussed. Not this current Assembly, but the previous one I was in. We heard today that small businesses have been hit hard by the pandemic, disproportionately perhaps. This is a way that we can help support them. Revenues are important. Revenues in the GNWT, of course, are important. However, I've had small businesses say to me that, "If I could have a bit of a tax break, I would be able to hire that apprentice." We need to think beyond just the GNWT and what our needs are. We need to think about the people and the businesses of the territory. I look forward to the debates on this going forward. Again, I'm happy to be part of this, and I think it's a great move for the territory. Thank you, Madam Speaker.
R.J. Simpson on Bill 16: An Act to Amend the Income Tax Act
In the Legislative Assembly on November 2nd, 2020. See this statement in context.
Bill 16: An Act to Amend the Income Tax Act
Second Reading Of Bills
November 2nd, 2020
Page 1585
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