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Opinion

Royalty rates aren’t a tax

Non-renewable resources are public resources, and companies who extract them for a profit should pay the public for them.

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News

Is it true that oil and gas is Alberta’s largest industry?

Last week, Alberta’s energy minister, sent out a tweet in which she claimed that the oil and gas sector is the largest industry in Alberta. But what does that mean?

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Opinion

Taxation isn’t theft; tax cuts are theft

If you’re friends with a libertarian, you’ve probably heard them say something like “taxation is theft”. Taxation isn’t theft; tax cuts are theft. More specifically, tax cuts on corporations and the rich are theft.

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News

The 10 Alberta industries that generated the most income tax revenue in 2019

10 industries generated 83.5% of corporate income tax revenue collected by the Alberta government in 2019. Guess which one didn’t make the list.

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Opinion

Conservative governments cut taxes to increase corporate profit

Conservative governments cut expenses to save money from reduced revenues, because of their tax cuts, which are cut to increase profits for companies.

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News

Why an 8% corporate tax rate won’t create 55,000 jobs

The UCP government decided that one key to boosting the economy is reducing the tax rate to 8%, 2 years earlier than planned. Except tax cuts don’t create jobs.

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Opinion

Debunked: Why Alberta gets so little money from Ottawa

I recently wrote about how people perpetuate this myth that Alberta sends too much money to Ottawa. In response, I had a few people comment saying that I was misunderstanding, that the real issue is that Alberta doesn’t get enough back.

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Opinion

Debunked: Alberta doesn’t send the most money to Ottawa

The idea that Alberta has contributed more than any other province is a complete myth. Alberta, as a government, has never contributed to the equalization programme.

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Opinion

Corporate tax breaks don’t create jobs

You’ve probably heard people—sometimes even politicians—claim that giving businesses tax breaks creates jobs. Here’s why that’s a myth.

Categories
Opinion

Why companies should pay more taxes

Some people think that businesses should pay less in taxes. Here’s why they should pay more.