Quote:
Originally Posted by Regorium
This is really interesting to me. You made a silly statement. Then you project what you reading from crazies on FB to the very reasonable statements made in this thread, and call us ignorant, stupid and getting our feathers ruffled. Nobody has said a single thing about ruining Alberta. In fact, several posts clarified your question, and then responded directly to it.
Have you ever considered that you are exactly like the people you claim to hate, except on the left-wing side?
Here's a super reasonable post that you seem to have conveniently ignored:
Go ahead.
PS. Your very post in this thread responded to someone that called the NDP's policies "economically irresponsible". The first person that used "ruin Alberta" was you.
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Lets put these taxes into perspective: [EDIT: Okay pasting this table didn't work, but
you can see it here]
Dates General
Corporate
Tax
Rate Small
Business
Rate Small
Business
Deduction
(SBD) Manufacturing
and
Processing
(M&P) * Annual Business
Limit (ABL) /
Small Business
Threshold Threshold as a
Multiple of
Base Amount
of $200,000 January 1, 2000 to March 31, 2001
15.5%
6%
9.5%
1%
$200,000
100%
April 1, 2001 to March 31, 2002
13.5%
5%
8.5%
n/a
$300,000
150%
April 1, 2002 to March 31, 2003
13%
4.5%
8.5%
n/a
$350,000
175%
April 1, 2003 to March 31, 2004
12.5%
4%
8.5%
n/a
$400,000
200%
April 1, 2004 to March 31, 2006
11.5%
3%
8.5%
n/a
$400,000
200%
April 1, 2006 to March 31, 2007
10%
3%
7%
n/a
$400,000
200%
April 1, 2007 to March 31, 2008
10%
3%
7%
n/a
$430,000
215%
April 1, 2008 to March 31, 2009
10%
3%
7%
n/a
$460,000
230%
April 1, 2009 to June 30, 2015
10%
3%
7%
n/a
$500,000
250%
July 1, 2015 to current
12%
3%
9%
n/a
$500,000
250%
And again, as someone who has never voted NDP (nor liberal for that matter), the heat the NDP are getting for the current economic situation in the province is laughable.
I'm behind the scenes making the financial sausage for an intermediate producer here in AB and it aint the corporate tax rate change or the royalty review that is preventing us from plowing capital into the ground here. (Hint: It's the commodity prices)
Now maybe because of those changes, some day in the future the province will have less rig-pigs, geos or exploitation engineers, but we'll have more teachers, nurses and maybe some research scientists instead. Sounds like a decent trade in my books.