Quote:
Originally Posted by Slava
Wow, the Alberta Liberals brought out a zero income tax policy for people under $57,250 and a combined $114,500 for couples. No mention of the taxes payable over that or the PST, but that's very interesting to me. It's about time the focus was on consumption taxes instead of income taxes.
https://www.albertaliberal.com/fiscal_future |
They perhaps should work a sliding scale into it. As is, if you earn more than that, you go for zero % to 9%. It doesn't sound like an exemption limit, where it is zero up to 57k, and 9% on earnings above that. It sounds like you cross the threshold, you pay. Which I think would lead to some creative compensation plans and tax tricks, and a lot of people make $57,249 a year.
I do support a shift from income to consumption taxes though.