Quote:
Originally Posted by Sliver
Well if your question is, 'what will happen if they raise corporate tax rates,' then that is kind of a clueless question. The province will get more money and we'll still have the lowest provincial tax rate in the country. The one we had before ucp lowered it. That's what will happen. It's totally not mysterious.
I say that as a business owner who literally pays my monthly tax installment manually for my business. It's unnecessarily low. Plus, you're only taxed on profit...you know that, right? Like, it's not as though if you aren't making money the province will take anything from you.
If we want education and healthcare we need to pay for it. That requires a rational tax rate, which ucp is too spineless and stupid to institute.
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I am an accountant, I have some understanding. If corporate taxes are raised, how high can they be raised before companies will need to cut jobs? Will companies consider relocating head offices to another province? How high will she raise them? What is the sweet spot where there will be minimal negative impacts? I guess I am just too analytical, I want to see her analysis of why she thinks it will be OK... what is the cost vs benefit analysis?