Quote:
Originally Posted by RandyHolt
I think if the best case scenario is the the Nenshi NDP get into power and implement a 5% PST. They likely get tossed afterward because they wouldn't run on that platform, but just like the increased personal tax rates, the next government would leave the PST in place. It took the NDP last time to get us off the flat 10% personal tax rate for all income brackets.
I also think a PST would be fine. The very lowest income families would receive a PST rebate similar to the GST rebate. The rest would just have to pay it to fund the hopefully best services in the country.
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I would rather have a PST than increases to the income tax rate. The PST will capture revenue from people who are in Alberta, but do not file income tax here. I know lots of people who earn their money in Alberta, but do not pay Alberta income tax. Also increase hotel tax and tax Airb&b (maybe 1.5x the hotel tax.
If this increases revenue enough, maybe they can lower the income tax rate a little bit. (lol).