The more money you make in Alberta, the better off you are come tax time, compared to the other provinces.
The CTF has created a new political action committee to sway voters on the equalization formula this October.
That’s despite a promise by Jason Kenney in 2019 for no changes to the current personal income tax system.
Employees and employer will pay up to $268.45 more in 2021 than they did in 2020, and self-employed workers will pay up to $536.90 more.
I tracked employment data for the year leading up to the COVID-19 lockdown this past spring, including before and after the UCP cut corporate taxes last summer.
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.