Quote:
Originally Posted by CaptainYooh
No, the discussion here is about the potential impact of introducing a progressive tax on wealth in Alberta.
An NDP-er?
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The thread was started partially based on the reported income inequality in Alberta being worse than in the United States, and that the fluctuating and falling price of energy has and will create budget deficits for Alberta if there aren't attempts to introduce a form of progressive taxation to recoup the dollars lots in the budget to declining oil prices.
You responded by saying any single application of a solution will not work because the wealthy will leave. By inference, you are advocating a multi-solution proposal that by association, would preclude a flat tax as it is not working (as per the original post and articles linked)
I don't get it.
You're saying you can't have a progressive tax system in alberta because the wealthy people will move their wealth, but the flat tax also isn't working because the ultra wealthy aren't paying their share.
What is the alternative? Continue to use royalty payments as part of the general budget and ignore the growing income inequality in the province and the increasing size of budget deficits?
What's your proposal?