If you’ve been wondering what the Conservative communications strategy around the planned changes to private corporation taxation, then it’s your lucky day as VICE got a copy of the talking points and then fact-checked them. In short, it’s predicated on a combination of extreme cases, lies of omission, and misdirection – so pretty much what you’d expect if you’ve been paying attention these past few weeks.
The Conservatives seem very skittish about actually defending their rhetoric on this.
— Justin Ling (Has Left) (@Justin_Ling) September 15, 2017
Proof Morneau plan taxes small business savings at 73%: https://t.co/bPrQJZQrWV
— Pierre Poilievre (@PierrePoilievre) September 16, 2017
This is wildly untrue. Even accepting the 73% rate, it applies to interest/revenue on the savings, not the savings themsleves. https://t.co/WV9Q389lZM
— Justin Ling (Has Left) (@Justin_Ling) September 16, 2017
I know, I know: Talking points are more important than cogent analysis.
— Stephen Gordon (@stephenfgordon) September 15, 2017
All of this is being further exacerbated by a growing number of Liberal MPs who have become victim to their own government being unable to actually articulate what these changes really mean and who have come up with a communications strategy that is more interested in sloganeering than it is on correcting the active misinformation campaign that has been going on, and which isn’t actually fighting back against said misinformation through a series of pointed questions like “How exactly is income sprinkling the thing that’s spurring entrepreneurship/growth/investment?” like keeps being brought up, or “You read the proposal where reinvesting in the business isn’t being additionally taxed, right?” And while sure, there may be some issues with family farms when it comes to capital gains for passing it on from generation to generation, or with the potential compliance burden to ensuring that any of these ongoing measures are actually above-board, those aren’t what we’re hearing. Instead, it’s this nonsensical braying about how small business “deserves” these tax breaks for “risk” (false – risk was never why these differential tax breaks were introduced, but rather, a lower small business tax rate was introduced in 1972 because at the time, they had difficulty getting bank loans). Braying that nobody is pushing back against, and that’s part of the problem.