With 292 Liberal, Conservative, and Bloc MPs voting against the tax, the 27 NDPs and Greens never stood a chance.
Don’t convince companies to move here through financial incentives. Convince them by having the best workers.
Companies will also be exempt form having to pay the Well Drilling Equipment Tax for any new drills.
I’m not opposed to a consumption tax, per se, but it can’t be the only taxation source.
Non-renewable resources are public resources, and companies who extract them for a profit should pay the public for them.
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?
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.
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.
Conservative governments cut expenses to save money from reduced revenues, because of their tax cuts, which are cut to increase profits for companies.
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.