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Old 03-28-2019, 02:42 PM   #763
Hockeyguy15
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Join Date: Dec 2009
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Quote:
Originally Posted by Fuzz View Post
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.
Quote:
Albertans will pay NO tax on the first $57,250 of personal income. For couples, $114,500 will be tax-free. Almost two-thirds of Albertans will be exempt from personal income tax under our plan. We will cut personal taxes on the rest of Albertans’ income by 1 point across the board. Most households will pay less tax overall! All will pay less income tax. Our bold plan works.
I think it's 0% on the first 57K for everyone.
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Quote:
Originally Posted by calgaryblood View Post
Looks like you'll need one long before I will. May I suggest deflection king?
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