Quote:
Originally Posted by Azure
Cutting taxes will indirectly provide more growth in the economy because the oil companies have more money to invest.
Thats the whole 'point.'
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Now that would all depend on where on the Laffer curve you believe Alberta to be on. On royalties, without a doubt there would be more to gain from reverting back to the old rates. In land sales alone they would make more revenue (Which is really why I thought they were off their rocker back then, it indicated to me that the finance department really did not understand their revenue stream). On personal and corporate taxes it would be really hard to say.