Quote:
Originally Posted by Cappy
#### it then, drop it to zero; why #####-foot around it?
Let's just take this race to the bottom to its inevitable conclusion. Or we can stop the lying to ourselves that the original cuts in 2019 lead to any substantial reinvestment into Alberta or employees.
moving the rate down didn't keep Encana in Alberta; nor was a higher tax environment provided as a reason for doing so.
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It's not an inevitable conclusion. I would point out that still being the 'lowest in Canada' shouldn't be the goal to manage to, especially when Canada's not very competitive in a business sense to begin with. Being competitive in a North American / global perspective should be the goal. Funny thing at 8% Alberta's bringing in the most corporate tax receipts in it's history this year including when it was at 12% under the NDP and 10% prior. Did the NDP even go through the process of thinking out if they would even bring in much more revenue taking in the net puts and takes knowing full well that on the margin there would be companies making different decisions at a higher tax rate? Their platform says no, because they just linearly increased the corporate tax receipts by 3 points in their mock budget.