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Originally Posted by Red
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Everyone knows that other provinces have progressive tax brackets. I thought you were making a point about personal exemptions.
For income tax, there are several provinces where Alberta is objectively better in basically all cases (including the $8000 extra personal exemption): Saskatchewan, Manitoba, New Brunswick, Nova Scotia, PEI, Quebec.
There's a couple provinces in which low income Albertans would be taxed less: Newfoundland, Ontario, BC, and all three territories.
We're in the upper third for the provinces, and in the middle if we include the territories. We also have 0% PST. Remember that PST is an after-tax expense and it's a regressive taxation scheme (hurts low income earners the most).
The point is that we're not that far out of line for low earners, and best in class for high earners. If we include the fact that we have 0% PST, we are best in class in all cases.
That's the Alberta Advantage which we've enjoyed at the expense of using up our oil revenue.