Quote:
Originally Posted by Regorium
Don't worry our revenue will grow by 4.7% a year because of the corporate tax cuts which means we won't need to cost cut or find efficiencies.
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In fairness they do freeze program spending over the 4 years so that implies a 2-3% in cuts from inflation and a 1-2% or so cut from population growth.
Economic growth of 2.4% plus 1.6% population growth and a 10% increase in oil price aren’t terrible assumptions to be basing a budget around. That looks in line with a 4.7% increase in revenues per year
Also the NDP assumes 67 billion in revenue in 23/24 whereas the UCP assumes 62 million so it feels close once you take into account the corporate tax cut and and the Carbon tax cut