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    #21
    Originally posted by chuckChuck View Post
    Would it have anything to do with the covid economic crisis, high unemployment, falling revenues, and increased support payments?

    Why not read the Ontario budget to find out? Doug Ford should have the answers you are looking for.

    Hamloc you have said Alberta should have a provincial sales tax to stabilize revenues and get away from using resource revenues for core funding. Correct?

    As I pointed out many moons ago there was an article in the Glabe and Mail that said if Alberta used Saskatchewan's tax rates and system, prior to Covid, Alberta would have had a $14 billion dollar surplus instead of a deficit.

    Life is really good in Saskatchewan. We have a lot of resources and a strong agriculture sector. Saskatchewan tax rates are reasonable. Many people are well off and prosperous. So why is Alberta so intent on very low taxes and unstable provincial funding based on the yo yo resource sector? Please explain.
    Your first sentence certainly applies to Alberta and to Ontario. Should Alberta have a sales tax? I have said in the past that Alberta should have a sales tax and I still think Alberta should. You of course do realize that Ontario has a provincial sales tax and this has not fixed Ontario’s deficit financing problem!!! Is that because Ontario’s economy is not diversified enough?
    Last edited by Hamloc; Aug 13, 2020, 07:45.

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      #22
      I am not sure why Ontario is in such trouble. Look at their budgets, tax rates and spending. It's all there.

      Alberta on the other had has had incredible fiscal capacity untill recently. But have chose not to have a sensible sustainable tax system. The highest incomes and GDP in the country and everyone wants a very low tax bill to boot which makes no sense if you are planning for the future or trying to save some onetime resource revenues for a rainy day and future generations.

      Life is good in Saskatchewan. What is so wrong in Alberta? Do they think Saskatchewan residents are all socialists! LOL

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