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MP Johns pushes for changes to small business taxes

The MP for Courtenay-Alberni has introduced a bill to make it easier for small businesses to keep the business in their family.

New Democrat Gord Johns says the current tax rules make it more expensive to sell a business to a family members than to sell to a stranger.

Johns says many business owners on Vancouver Island are looking at succession planning and what to do with their business when they want to retire.

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