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I see NO reason why Alberta can't STILL have low tax rates, and run a surplus year after year.
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You're absolutely right, of course, but the reason we can't have that is because too many Albertans have a short-term view when it comes to resource royalties and taxation policy, making true fiscal responsibility politically impossible. The idea of even a 5% PST is anathema in this province. The premier responsible for introducing it would surely be reviled as much as Pierre Trudeau is.