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Old 05-25-2017, 11:26 PM   #1761
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No I don't because I believe the government spends too much money.
This can be debated, however it is important to remember the element of cost control which comes with publicly funded services. Health care may cost a lot through taxes, but as has been proven south of the border, a private healthcare system can render services unavailable if the business running it decides it is more profitable to charge prices for services that the majority of people cannot afford and make money off the minority who can afford it than it is to provide services to a higher number of patients at a price more people can afford.

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And when you cut taxes in a progressive tax system the bulk of the tax cuts will obviously go to those that earn more.
Obviously? Why is it obvious? Just because it has been the norm in this province over the last few decades, does not make it the right or obvious choice. There is a reason our infrastructure in this province is not something to brag about.

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Notice I said income taxes, I agree with you that replacing income taxes with sales taxes is beneficial provided you have a generous low income rebate program that scales with income. Or some punitive luxury good sales taxes
The issue with sales tax vs income tax is that there would almost inevitably be a shortfall in revenue. A hybrid system is a concept that could work, however switching to a system where revenues are generated through sales tax only won't. No matter how much money a person has, they can and will only spend so much on consumer goods. For example a person earning a multimillion dollar salary annually will have a difficult time spending the same percentage of their income on things like clothes, dining or vehicles as a person earning an annual salary of $50k.
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Old 05-26-2017, 02:14 PM   #1762
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This can be debated, however it is important to remember the element of cost control which comes with publicly funded services. Health care may cost a lot through taxes, but as has been proven south of the border, a private healthcare system can render services unavailable if the business running it decides it is more profitable to charge prices for services that the majority of people cannot afford and make money off the minority who can afford it than it is to provide services to a higher number of patients at a price more people can afford.

Ahhhh yes. The predictable comparison to the United States.

For the record, I believe in 100% of Canadians being covered by the government. But, why does it have to be our broken system OR the American system? This is not a binary choice. The public/private models in Europe are better than both the Canadian and American models. Canada should look to adopting one of those. No one wants an American model.

Obviously? Why is it obvious? Just because it has been the norm in this province over the last few decades, does not make it the right or obvious choice. There is a reason our infrastructure in this province is not something to brag about.

It is obvious because you can't give a tax cut to folks that pay little or no income tax.

Our infrastructure is not as bad as other jurisdictions. Have you driven on the Gardiner Expressway in Toronto?
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Old 05-26-2017, 02:15 PM   #1763
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Notice I said income taxes, I agree with you that replacing income taxes with sales taxes is beneficial provided you have a generous low income rebate program that scales with income. Or some punitive luxury good sales taxes
I know you said income taxes! I was just stating what I would like to see done.
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Old 05-26-2017, 03:45 PM   #1764
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S&P downgraded Alberta from AA to A+. Brilliant work by Notley and Ceci continues.
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Old 05-26-2017, 04:08 PM   #1765
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S&P downgraded Alberta from AA to A+. Brilliant work by Notley and Ceci continues.
What is this, the third time in 2 years?
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Old 05-26-2017, 04:36 PM   #1766
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3rd time in a year and a half they said on QR.
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Old 05-26-2017, 04:39 PM   #1767
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3rd time in a year and a half they said on QR.
That is Oilers.
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Old 05-26-2017, 04:40 PM   #1768
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Will be interesting to see how the NDP spin the credit rating downgrade.
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Old 05-26-2017, 06:05 PM   #1769
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Will be interesting to see how the NDP spin the credit rating downgrade.
I'm sure Ceci will call some people and get it all straightened out.
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Old 05-26-2017, 08:17 PM   #1770
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The province, in our view, is focusing on controlling operating expenditure
growth to less than the combined rate of population growth plus inflation to
achieve smaller year-over-year deficits to balance.
While the government did
implement some moderate revenue measures in the last two years, no material
fiscal measures were announced in the 2017 budget. Rather, it appears to us
that the government is partly looking to a recovery in oil prices to improve
its fiscal position. Nevertheless, from a budgeting standpoint, we believe
that Alberta has a coherent financial plan that provides visibility, with
well-documented assumptions and strong managerial expertise. We also believe
that debt and liquidity are prudently managed and that budget practices are
better than those of most peers.
https://www.standardandpoors.com/en_...TML/id/1857665

Alberta when resource revenues are excluded haven't had a budget surplus since the late 40s, and unfortunately it does look like that resource revenue will never return to it's heyday. Alberta per capita government spending is among the best of the provinces. That doesn't mean that there isn't areas where we could reduce spending such as looking into the reason why health care spending for the elderly is much higher than in the rest of Canada, but we aren't going to close down the deficit by 4 or 5 billion with cuts alone.
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Old 05-26-2017, 09:01 PM   #1771
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Heard on the radio that this was a double downgrade, sounds edmontonish. Hopefully there is enought to salvage once this band of idiots gets the punt. Counting the minutes.
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Old 05-26-2017, 10:46 PM   #1772
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I'm sure Ceci will call some people and get it all straightened out.
More likely he'll create some partisan ads in an effort to brainwash Albertans into thinking he is doing the right thing.
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