This reversal was a necessity.  business was on the verge of exiting Canada, and other businesses were about to be deterred from setting up shop here.  And it would have had deeply unfair unintended consequences for many small business owners like myself too, to the tune of tens of thousands of dollars a year and possible destruction of my retirement portfolio.  We are already a country with a weak entrepreneurial sector and an over-bloated public service sector and lopsided-to-the-employee labour laws, hitting business owners with a confiscatory marginal tax rate system and regulatory bloat - these tax changes would  hit the small business owners with the triple whammy.