Thank you, Madam Speaker. I just would like to rise in support of this bill. I am sure my colleague, Mr. Simpson, is happy to see that this bill will pass first reading today and we will, ultimately, I believe, lower the small business tax rate. I really think the backbone of our NWT economy in recovery must be our small business. As we enter into a world and compete in a world where capital increasingly gets held in the hands of large businesses, I think we as government have to do everything we can to support our small businesses. Thank you, Madam Speaker.
Rylund Johnson 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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