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The Parkland institute reports:
EDMONTON— A new fact sheet released this morning by the University of Alberta’s Parkland Institute says that the “flat tax,” introduced by Ralph Klein in 2001, is costing the province in excess of $5 billion a year. Given the projected deficit of $4.3 billion this year, simply returning to the progressive tax structure that existed in 1999 would be more than enough to move the province from a deficit budget to a surplus budget.
Holy cow, not rocket science. Progressive taxation is a good thing.
Alberta’s lowest tax bracket, for example, is taxed at a higher rate than that of six other provinces. And an Alberta family earning $75,000 per year in Alberta pays more tax than the same family in British Columbia, Saskatchewan, Ontario, Quebec, the Yukon, the NWT, and Nunavut.
The fact sheet also points out that returning to a progressive tax structure in Alberta would also serve an important economic stimulus function.
What? Tax-breaks for the poor will stimulate the economy? Enough of this crazy talk, we all know that only cutting taxes on the rich creates economic stimulus (see chicanery).
People are stupid. We hear the matra over and over again the Alberta has the lowest taxes in Canada. What utter horse-pucky. We have the lowest taxes, if and only if, you happen to be rich. Welcome to Alberta where we cater to the rich and special interests 24/7, 365 days a frakking year.





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