Corporations will fare better than people when it comes to provincial tax hikes.
That's according to Liberal leader Brian Gallant, who tells CHSJ news that out of the $373 million expected in two years, coorporations will only pay $39 million. Gallant calls that number alarming, since they received $34-47 million dollar property tax cut a few months ago. He tells us now, corporations are now in a position where they'll be paying less taxes.
Gallant says he was very disappointed with the provincial budget presentation and that the Tories broke their two election promises: that they had a plan to balance the budget and that they wouldn't raise taxes.