Quote:
Originally Posted by Flacker
No, I worry about keeping corporations in Alberta, that have been paramount in creating what we enjoy today.
Thus, enjoying the same benefits as far into the future as possible.
The only way to bankroll diversity in Alberta will be using O&G revenues, which is currently our primary source of income.
Simply put... It is better to get a small percentage of a large pie, rather than a large percentage of a small pie.
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Why would the Pie get smaller when our corporate tax is now pretty much equal or still lower than all the other big oil producing provinces and states? I agree we need to fund our diversification with O&G revenue and currently we're not making enough of it (when times were good) to do that and maintain the Alberta quality of life. So pick one, Mr. Anti-tax. Do we raise income tax, raise corporate tax or lower our quality of life?