Quote:
Originally Posted by Jacks
It's all lies, there are no efficiencies to be found. We need more revenue.
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Quote:
Originally Posted by Makarov
Again, this is all in the context of a jurisdiction which, even after all of the listed tax increases, will still have the lowest tax burden in Canada (and one of the lowest in North America), at least as I understand it.
Doesn't seem unreasonable to me.
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Heres the thing: While we might enjoy among the least taxes in the country, and I'm not sure about that I'll have to check, the highest marginal tax rate in Alberta is still going to be 48.5%. For that to be the lowest its still pretty steep, especially in light of what we get in return which ranks among the lowest in the country by most metrics.
Further, the thing that upsets me is this: look at the current economy in Alberta. Companies are realizing that current revenues are down and revenue forecasts arent looking good. What is the end result? The natural reaction is to cut costs, the result of which is a lot of good people losing their jobs.
The Government though? It sees that revenues are down and rather than take any action to respond to that it simply plans to 'magic up' some more revenue.
Do you realize how stupid that is? On every level?
The Official Government Action Plan is to kick the economy while its down, mug its wallet and run while stifling all growth.