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Old 04-05-2023, 08:18 AM   #818
GGG
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Quote:
Originally Posted by Doctorfever View Post
In the short term, yes. I am not against this.

In the long term, they need the ability to keep more money that they earn in their pockets.
Why wouldn’t rents just go up to eat up the money returned through taxation?

What your suggesting doesn’t really seem like it will make a difference. The living wage of a single person in Calgary is around $22 per hour so about 45k a year. This person has about 15k in federal tax credits and 20k in Alberta so pays roughly about 7k in taxes. So if you reduced these taxes to zero the living wage would drop to 19.50 per hour.

Do you think that meaningfully moves the needle? How would you redistribute the taxes to other groups.
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