Quote:
Originally Posted by CliffFletcher
the government's reasoning on the pace of tax increases and budget cuts. If they cut too much of the budget, putting more Albertans out of work when the O&G and private sector is already engaged in mass layoffs, it could nudge the economy into full-blown recession.
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I take this just the usual political rhetoric. Raising taxes on high income earners aren't going to change spending habits. If you earn over $100K, every 1% increase is just $100 for every $10K income. What they have done is death by thousand cuts. It doesn't wean AB off our addiction to resource revenues.
I'm a strong opponent to PST but I would rather have the PST now then have this health care levy + PST + bunch of user fee increase doen the road.