Quote:
Originally Posted by GGG
The clear answer is to return taxation rates to the levels they were when infrastructure was originally built and expanded. We have been living off of low tax rates from legacy investments for since essentially the Klein/Roy/Chrétien cuts.
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Again, this is more of the pie in the sky stuff.
Alberta can't even implement a PST on non-essential items like junk food, luxury purchases, etc.
Provinces with a PST can't make ends meet either.
Taxes are simply not going up to that point ever again.
The only way I see out of this is opening up Canada to massive levels of private investments that drive GDP growth. We are capable of doing this with our natural resources & telecom industries, but for some reason we are afraid.
Even health care has to go to the private / public European model in order to be affordable.