Quote:
Originally Posted by shermanator
He's kind of right though. Albertans have paid artificially low taxes for years, propped up by volatile royalty revenues. It's unsustainable and the lack of a balanced budget needs to be addressed.
Combining both the right increase in taxes and a reduction in government bloat is really the way to go IMO. From what it sounds like the budget will begin the latter of that.
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It seems from the outside looking in, that Albertans are far too obsessed with balanced budgets and low taxes.
When Alberta's economy was over-heating would have been the time to raise taxes and lower spending. To do it now seems like it would be a disaster. Especially if oil prices stay as they are for a couple years.