Alberta following Texas

[jazz]

Why oh why do our eastern provinces vote for authoritarian marxist socialism and then are shocked when their rights are infringed.

[dmlfarmer]

The question then becomes would albertans have invested that money in Alberta or would they have “squandered” it in Florida and Arizona homes, and spent half the year of their consumer spending outside canada returning very little additional to the Canadian economy

I guess we could try some kind of wall with guard towers and just shoot the odd one leaving the country spending money that is rightfully the governments to distribute to improve services where they think they can get the most votes.
I think that has been successful in some situations for some time.

The max federal income tax rate for the highest earners, which funds equalization is 33% so to claim all earnings is “rightfully government” is patenenty untrue.
Equalization funds are distributed not based on potential votes as you claim but based on a formula looking at needs and the ability for a province to raise funds and was designed and implemented by the Harper conservatives (including cabinet minister Jason Kenney) in 2007 with the only changes made since then by the same party in 2009.
the purpose of equalization is to ensure all Canadians have access to basic social services that the government offers regardless of where you live in Canada. For example, Canada offers universal health care and a province like PEI with a small population, few resources, and limited ability to pay for universal health care receives equalization funds from a province like Alberta which raises more money than is needed through the same federal tax rate to provide the same basic services. Anyone arguing with this formula is basically saying hey PEI farmer, you do not deserve the same health care as an Alberta farmer.
Finally, society, not government decides what services government provides every time there is an election. Calling for farm disaster or support programs are calling for more government service and if farmers want those programs they need to convince society it is needed more than convincing vote seeking politicians who are continually called to reduce government spending

[flea beetle]

If there was no equalization fund it would not mean Alberta would have had a $500 billion sovereign fund. It means had 500 billion would have stayed in the pockets of those Albertans who paid income taxes at the same rate as Canadians in every other province. The question then becomes would albertans have invested that money in Alberta or would they have “squandered” it in Florida and Arizona homes, and spent half the year of their consumer spending outside canada returning very little additional to the Canadian economy

And instead, the people of quebec got to do just that!

[dmlfarmer]

It’d be a heck of a lot easier to swallow if Alberta got the respect it deserves.
It’s fine to help others out as long as it’s a 2 way street and this has long been a one way.
You don’t shit on your golden goose.

I’ll say it again, ENVY creates hostility.

You mean like the envy of westerners of federal funds spent in the east is creating western hostility demonstrated by the likes of Jazz calling eastern canada “ socialist hell hole parts of this country”

[TOM4CWB]

You mean like the envy of westerners of federal funds spent in the east is creating western hostility demonstrated by the likes of Jazz calling eastern canada “ socialist hell hole parts of this country”

I couldn’t believe my eyes last night,,,… what happened to the Edmonton Eskimos?

I thought it was a typo… but apparently not…

Thx Edmonton Elks????

And you dream that in Alberta our woke bunch have one micro anything of common sense or enough patriotism to get insulted and embarrassed to do anything but conform to the UN and Davos reset bandwagon…?????

If you were wondering what the end of civilization was going to look like…

As the Good Book by King Jesus says:

If MY people Who are called by my name; would humble themselves and turn from their wicked ways, …I would hear from Heaven and heal their Land…

Instead we insult the designer and architect of the Universe… saying that our planet is nothing more than a chance event ..: to entertain the Devil and his minions!

God please have Mercy on us… we deserve exactly what we are reaping now…the seeds of arrogance, pride, and deceit…

Have a thought full wonderful Lords Day… and let us be thankful for the blessings King Jesus has given us!!!

Have a safe and joyful harvest!!!

Cheers

[sumdumguy]

I missed that Tom, fill me in.

[chuckChuck]

It seems like just a couple of weeks ago that Chuck was lecturing us all about only using credible sources.
Then he manages to quote not only the Narwhal but also the Tyee all in the same post.
That is almost as funny as quoting the amateur astronomer from the CBC about global warming.
I ask seriously, are there no adults in your life to warn you when you are making as ass of yourself in public?

“Norway realized revenues of $87.69 per barrel in 2013. Alaska managed $38.54. And Alberta? Just $4.38 — one-twentieth what our Norwegian cousins managed to rake in,”

So A5, near the peak of the last oil boom with very high crude prices Alberta pulled in just $4.38 per barrel and Alaska pulled in 9 times more per barrel! Alberta should have had some adults supervising the cookie jar. But instead they gave a big gift to the oil industry. It's the Alberta Conservative way.

In 2015, the Calgary Chamber of Commerce calculated that Alberta’s sovereign wealth fund would be worth $40.9 billion if it followed Alaska’s model of taxation and $163.7 billion in the case of Norway.

The Narwahl story quotes Andrew Leach, associate professor at the University of Alberta’s business school.

A5 if you think that the Tyee, The Narwahl, Andrew Leach and the Calgary Chamber of Commerce numbers are wrong then show us the evidence. Where are your numbers?

Now your record on providing credible evidence to back up your claims is weak at best. So I am not expecting you to change your spots on this one. But here is your chance to prove them all wrong.

Face it A5, you would have called Peter Lougheed a socialist for his views on managing the oil industry. LOL


Here are some more insights into how the Alberta tax advantage favours the rich and does little for low income earners in Alberta.

"Alberta could choose to increase sales taxes to alleviate the reliance on natural resource revenues, as Saskatchewan recently did, but a political distaste for taxes makes that unlikely.

Salomons suggested the current system has actually resulted in a ‘baked-in’ subsidy that primarily favours high-income earners.

That’s because rich Albertans haven’t had to pay as much in income taxes over the years as they would in a less oil-rich jurisdiction. Since both the province’s previous flat tax framework and marginal tax rate system exempted very low-income earners, the poorest segment of society didn’t receive any benefit from the oil subsidies.

“The more you pay in taxes, the more you benefit, essentially,” Salomons said in an interview.

“When you start thinking about it in those terms, it’s a system that actually exacerbates inequality.”

[TOM4CWB]

I missed that Tom, fill me in.

The Edmonton Eskimos do not exist. Gone. Now the Elks… why not the Cariboo!!! Or the Moose!!!

Cheers

PS
Soon the Elks will be offended too… and then they will have to change the name again!!!

[shortbox]

No that is not my thinking at all. Society determines the services they want and those services needs funding.

Good then society should fund those services, not western canada pay and quebec gets the services!

[AlbertaFarmer5]

"Alberta could choose to increase sales taxes to alleviate the reliance on natural resource revenues, as Saskatchewan recently did, but a political distaste for taxes makes that unlikely.

So now you are back to being in favour of sales taxes?

Because in the $6 Billion to Quebec thread, you were opposed:

Consumption taxes are considered regressive because many low income people still have to pay them on basics to survive.

Progressive income taxes are fairer because you pay more tax based on your income and your ability to pay. And the personal tax exemption can be high enough that low income earners don't have to pay much tax.

But a couple of posts before that, you were in favour, until I stated my support for consumption taxes as the only democratic form of taxation.

At least you are consistently inconsistent. Such as with your insistence on credible sources, and then the examples stated above.

Maybe you should organize your troll activities using a spreadsheet, so you can remember what position you take on which forum, and under which alias, so you can stop contradicting yourself at every turn?

Either that or else try to cut back on the drinking ( or toking) and posting?