This is a tax on >$50k in PASSIVE INCOME, not >$50k sitting inside the corporation. In order to generate >$50k annually you have in the high 6 low 7 figures inside a corporation generating quite a healthy rate of return (a rate which would be impossible to generate using "safe" investments which is what you would be invested in if the safety net is needed for times of low cash-flow).

You have no idea what you are talking about, and yet everybody agrees with you because they like to agree with the anybody, rightly or wrongly, hating the current Liberal government.