Quote:
Originally Posted by GGG
The NDP led royalty review considered the tax and invest regime of the province when making recommendations on royalties. The Oil industry paid 20 billion in royaltie last year.. If you want to do something raise corporate taxes as profits are just going into buybacks and dividends. Do t mess with the structure that incentivizes investment in more production.
The reason Alberta does not have a PST is the O+G roaylties. If you want to add billions in education we should add a PST and use the remaining funds to worm us off O+G dollars.
The problem in Alberta is we are undertaxed.
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Can we start with sensible income tax In line with the rest of the country, before we go to regressive taxes that hit the people the hardest who spend the highest share of their weekly income Immediately.