Quote:
Originally Posted by Slava
I have seen that and heard about this. What I'm wondering is how they get to that figure, or the figures in the chart though? It just seems odd that Alberta takes in more taxes than so many others, yet our tax rates are so much lower?
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Incomes are much higher.
Many believe the low tax environment spurs business development, investment, and job creation. Some even called that the Alberta Advantage.
Thus, low taxes = high revenues. It's only a myth that Alberta has a revenue problem.