Quote:
Originally Posted by Delgar
Interesting position, not something I'd expect based on how I read your posting history.
PST is a consumption tax, as is the GST. Alberta has skated around it because of other revenues. Now the oil revenue is coming back, and Alberta is going to see surpluses.
Should there be a PST? The lack of one does separate government revenue from how the other provinces operate (BC in my experience has too much on the ticker when people buy groceries, for example)
So are you saying, higher corporate tax and use that to forego PST? Have you done the math? I haven't.
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I’m saying that if we are going to consider implementing a PST because we need to increase revenues and the main reasoning is because other provinces have done so, then we can’t ignore the fact that our corporate tax rates also aren’t in line with the other provinces. A 10-12% corporate tax rate isn’t and never was an unreasonable level of taxation by any stretch of the imagination. But implementing a PST to essentially make up the shortfall from our current inexplicably low corporate tax rate makes no sense.