OTTAWA Liberal government announced a cut to small business tax rates Monday,
as Ottawa scrambled to appease business entrepreneurs who believe recent tax change proposals run counter to
the government stated claim that it fighting for the middle
class.Prime Minister Justin Trudeau, alongside Finance Minister Bill Morneau Monday, said the government
will lower the small business tax rate to 10 per cent in January
and to nine per cent in 2019. The move came just weeks after
the Finance Department closed the consultation period
for its proposed tax changes under private corporations.Prime
Minister Justin Trudeau had promised to cut the small business tax rate to
nine per cent during the election campaign, but cancelled the cut in the 2016 budget, instead rates at
10.5 per cent, down from an earlier rate of
11 per cent. The changes originally proposed would remove the ability
to spread income among family members within corporations, tax
some passive investments inside private corporations at a higher rate and limit access to capital gains exemptions.


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and also how deep of a drop current shareholders might expect if a downturn does happen in the near future.Duration, Depth, And
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the speed at which the stock price could
fall, how deep the plunge could be, and how long they might expect
the stock to stay below the price at which it is today.
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was recent and very close to 35%:Year Time to bottom Duration Depth 1978 3
months 15 months 46% 1980 3 months 6 months 38% 1981
9 months 18 months 39% 1984 4 months 18 months 40% 1987 3
months 6