Quote:
Originally Posted by iggy_oi
Prices will go up regardless of this tax, will it create a short term surge? Absolutely. However you are still completely stuck in the mindset that the bad will outweigh the good, ie there will be more income lost from job cuts than there will be income increase from the raises, and you don't have any real data to back this claim up. I'm not saying it's not possible, I'm simply stating that passing it off as a fact is inaccurate.
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Some people will make some extra money due to minimum wage increases.
A few people will lose jobs due to same.
More people will lose jobs due to economic hardships created by massive increase in taxes. This is on top of job losses due to oil tanking.
Everyone will see their purchasing power decrease, and everyone except those minimum wage workers will see discretionary income decrease.
So, yes, the mindset that the bad will outweigh the good is hardly unexpected. Especially when the proponents of the good outweighing the bad seem to be expecting Alberta will become a major world exporter of fairy dust and unicorn horns.