Scheer vowed to go after measures that target income sprinkling and put a cap   
   on the value of "passive investments" a private corporation can hold before   
   its access to the nine per cent small business tax rate starts to erode.   
      
   Critics said the Liberals were attacking small businesses — collectively the   
   biggest source of employment in Canada — and making it tougher for them to   
   grow and save.   
      
   The Liberals, however, argued they were cracking down on well-off Canadians   
   using the advantageous tax structure of private corporations to shield income   
   from taxation.   
      
      
   Let's break it down.  To sprinkle, or not to sprinkle?   
      
   Income sprinkling is a tax strategy that diverts income to family members with   
   lower personal tax rates. It allows a small business owner to avoid having   
   their income taxed at a higher rate by splitting it up among family members   
   who own shares in the    
   corporation.   
      
   Taken together, bringing back income sprinkling (as it existed before) and   
   eliminating passive investment fairness measures would leave some small   
   business owners paying considerably less in tax.   
      
   Are they all millionaires? Some absolutely would be, while others would not.   
      
   Is it an across the board "tax cut" of $50,000, as Trudeau puts it? No — but   
   it would mean some multi-millionaire small business owners avoiding taxes in   
   ways not available to most other Canadians.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)