Quote:
Originally Posted by Slava
Clearly the prudent and responsible thing to do is pay an incrementally higher tax rate today and wind up with something to show for all of this resource wealth.
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Brutally agree. However can the government pull this off while resisting the urge to needlessly spend both the additional taxes
and the resource wealth? If the money's going to be squandered anyway at least with less taxes I can choose to be responsible myself and save/invest the difference between low and high tax options.
Of course as a former Liberal supporter and an experienced Financial Advisor you probably couldn't resist posting a response to this along the lines of Scott Reid's 'beer and popcorn rant' about the thought of Albertans prudently managing their own money. And you would be correct, but I believe I would also be correct in presuming the government can't do it properly either.