The government has proposed a radical tax overhaul that would impose (1) a new tax on investment income in a corporation and (2) tough new rules for compensation in family businesses.

In this special edition of 5 Minutes for Business, the Canadian Chamber of Commerce’s Hendrik Brakel, Senior Director, Economic, Financial and Tax Policy, looks at what is driving the government’s new crackdown on private corporations.

Read 5 Minutes for Business.

If this concerns you, contact MP Marilyn Gladu (Sarnia-Lambton) or MP Bev Shipley ( Lambton-Kent-Middlesex) to tell her/him the government is proposing to hammer business with tax changes that will hurt families and punish entrepreneurs.