British Columbia Chamber of Commerce president John Winter has said there will be some concern about the government's proposal to postpone a planned small business tax cut. But Mr. Winter also questioned whether such a cut - - which would have taken that tax from two to zero percent - is actually a good idea. The government announced the proposed postponement last week to partially offset the government revenue that will be lost if the harmonized sales tax is reduced. Speaking on Public Eye Radio, Mr. Winter said that delay is a "cause for concern." But he stressed the HST does benefit small business. And, moreover, "I'm not so sure getting down to a zero tax rate is really the right place to be for business in British Columbia at any rate. I think that we should all be taxpayers and contributing to the economy."
May 30, 2011