Quote:
Originally Posted by CaptainCrunch
the fact that even if you put in the most aggressive methods possible to balance the budget and it can't be done is pretty damning.
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I know it's sacrilege to even mention this in Alberta, but perhaps that's an indication that maybe, just maybe, we're not being fiscally prudent by having a 10% flat income tax and no PST.
Nobody wants a tax increase, but we have to balance the budget somehow or else we're just pushing our fiscal irresponsibility to future generations. If even the WRP can't balance the budget with their proposed aggressive spending cuts, surely that's an indication that we need to increase revenues. I saw a video a few months ago of Kent Hehr in the provincial legislature remarking that if Alberta had the same tax code as Saskatchewan (currently the second-lowest in Canada), then increase in revenue would put us back in the black.