Quote:
Originally Posted by Slava
What if government revenues increase due to more parties paying taxes, earning better incomes and things like that? There could be no tax increases and funding these programs could be achieved.
|
That would entail the government being able to invest their money in a way that actually grows the economy faster than had they never taxed the money to begin with . Which it can't because efficient allocation of capital is an impossible goal when the civil service and politicians are involved. Government spending multiplier effect is less than the multiplier effect of money not being confiscated by government to begin with.
Mark my words, these plans will fail on a cost basis and when that happens the breaking point will be either ransacking Oil and Gas companies, a PST, a progressive tax system, or increases in registries, alcohol taxes et al.
Classic 'Progressive' Albertan politician. At election time say the right things about being fiscally responsible, pretend to work really hard to drive down costs, fail, then threaten the public to slash services if they don't get their paws on a new revenue source. Repeat. Stephen Carter has really tapped into how to get tax and spend Liberals elected in Alberta and it's the opposite of everywhere else. Campaign on the right, govern on the left.