Quote:
Originally Posted by iggy_oi
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.
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100%. The corporate tax rate is unnecessarily low.