$6B to Quebec

[the big wheel]

Big Wheel one unfortunate truth, whether it is the 60% from the feds or 40% from the province there is still only one taxpayer, and either we are paying or our kids and grand kids will be paying.

The other reality is that in Alberta as an example in 2018 the federal government collected $10600(looking at a graph so not exact) in federal tax revenue per capita. That same year Alberta received $7200 in federal transfers. That compares to Quebec who payed $7300 dollars in federal taxes and collected $8700 in federal transfers. So certainly Alberta and Saskatchewan should be looking at getting their federal tax revenue back, Quebec certainly gets more than their fair share.

The tax thing rhe money revolves around and around
When our government pays 40% the amount of
Times that money gets taxed and goes back to the
Province I wonder if they don’t get close to break even or
Even make a profit?
They give me a dollar I pay tax
I buy lumber or machinery I pay tax
The lumber guy pays tax on my money
I gave him. The trucker pays tax
The bush worker pays tax. Etc etc
Has anyone calculated what amount a
Farmer contributes to our economy in those
Spin-offs besides our direct amount of dollars spent?

On top of all that the feds giving 60% to us
Would also be income which would go back
In provincial taxes.
What would the actual cost be to our province
To help farmers out and in fact our entire province
probably nothing??

[Hamloc]

Hamloc, Albertans pay more federal tax because their incomes are higher per capita. They pay the same federal tax rate as every other Canadian.

Alberta has more unused capacity to tax per capita than other provinces. But they choose not to.

Alberta likes to have low provincial taxes and likes to collect low resource revenues in a gift to the resource sector. Its the Conservative way.

When Stelmach tried to raise royalties he backtracked because the pigs started squealing.

Alberta is like the coddled rich kid who complains he is being mistreated by his parents because they don't give him enough allowance.

So stop crying wolf about how bad you are being treated. Alberta is the richest province per capita and has a lot of unused fiscal capacity to tax more.

Chuck2 your welcome to look at the numbers yourself. https://parl.ca/sites/PublicWebsite/default/en_CA/
ResearchPublications/201701E.

So yes you are correct Alberta does pay more taxes due to higher incomes. So please explain to me the large difference in federal transfers between Quebec and Alberta? Then look at the Atlantic provinces like New Brunswick and Nova Scotia which receive over $12000 in federal transfers or PEI that receives over $15000!

[jazz]

So yes you are correct Alberta does pay more taxes due to higher incomes. So please explain to me the large difference in federal transfers between Quebec and Alberta? Then look at the Atlantic provinces like New Brunswick and Nova Scotia which receive over $12000 in federal transfers or PEI that receives over $15000!

hamloc, its easy, capitalism pays for socialism.

AB must have enormous private sector investment to dig out canadas number one export. If it was heavily taxed then it would leave and you would have a bunch of Muskrat Falls type projects here.

But Kenny can game the formula with the stroke of a pen and cut off quebec and the maritimes in a heartbeat. All he has to do is pull a Lougheed and create a provincial tax that funds a Heritage Fund/APP type program which would starve canada of our taxable revenue and put a knife into the AB overfunded CPP at the same time.

I suspect his hands are tied until TMX gets in service though.

[blackpowder]

Hamloc, Albertans pay more federal tax because their incomes are higher per capita. They pay the same federal tax rate as every other Canadian.

Alberta has more unused capacity to tax per capita than other provinces. But they choose not to.

Alberta likes to have low provincial taxes and likes to collect low resource revenues in a gift to the resource sector. Its the Conservative way.

When Stelmach tried to raise royalties he backtracked because the pigs started squealing.

Alberta is like the coddled rich kid who complains he is being mistreated by his parents because they don't give him enough allowance.

So stop crying wolf about how bad you are being treated. Alberta is the richest province per capita and has a lot of unused fiscal capacity to tax more.

Okay, but did you ever consider asking Quebec to stop spending far more than it makes? There is entitlement there too.
Highest child care benefits in QC.
NL fish for 6 weeks, pogey for 46?
ABs' govt may be a spoiled child, but this AB citizen is increasingly resentful of people telling me I don't deserve what I have and should pay a for me, business crippling amount to those with less skill or resource.
Screams of "fair" will ultimately kill the goose. Until the cancer kills the last one who can scream it.

[blackpowder]

I wonder that by the time free speech is stifled it is too late.
I liken this incessant internet preaching to a funny little man on a stool in a square in 1920s Berlin.
When the average man gave up and tuned him out he had won.
Guess I'm guilty of that.

[AlbertaFarmer5]

Alberta has more unused capacity to tax per capita than other provinces. But they choose not to.

Its has a lot of unused fiscal capacity to tax more.

These two lines tell us all we need to know about the Socialist way of thinking.
All revenues are theirs, but they generously allow us to keep a small token portion.

[blackpowder]

And the further point is, what does the govt do with the revenue? Time to throw the tea in the harbor.

[chuckChuck]

These two lines tell us all we need to know about the Socialist way of thinking.
All revenues are theirs, but they generously allow us to keep a small token portion.

So you mean like the socialist Sask Party in Saskatchewan? If Alberta had used Saskatchewan's "socialist" tax system they would be running large surpluses instead of deficits.

But Albertan's wouldn't want to have a provincial sales tax? Only socialists collect sales taxes! LOL

The rich kid on the block telling us how badly they are mistreated! So did you save anything for a rainy day like Norway or is it just party until all the oil is gone and the money runs out?

[AlbertaFarmer5]

So you mean like the socialist Sask Party in Saskatchewan? If Alberta had used Saskatchewan's "socialist" tax system they would be running large surpluses instead of deficits.

But Albertan's wouldn't want to have a provincial sales tax? Only socialists collect sales taxes! LOL

The rich kid on the block telling us how badly they are mistreated! So did you save anything for a rainy day like Norway or is it just party until all the oil is gone and the money runs out?

I fully support any and every type of consumption taxes as opposed to punitive income taxes. Sales taxes are democratic, I can choose to spend my money on a new boat and pay the sales tax, or I can choose to invest it in productive sectors of the economy not subject to consmption taxes.

There is no choice with income taxes. They equally punish those most able and willing to contribute to our economy as those who will waste it all. While giving the parasites a complete free ride.

[chuckChuck]

A5 free riders like you, love your bailouts and subsidies and sending their kids to public school, driving on public roads and enjoying public healthcare but don't want to pay their fair share of taxes to pay for it.
It's the libertarian way.

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.

And don't worry if you work hard and earn lots of money you can still be rich.

And how is it a farmer who claims to be making no money is paying income tax anyway?

[blackpowder]

I'm briefly in the position where I will likely borrow more money to pay taxes over the next few years. I can't cash flow payments on everything that is producing and the tax on accrued.
Not crying about the rules just how its spent. Capital gains on the other hand will force some land out of beneficiaries hands.

[AlbertaFarmer5]

Capital gains on the other hand will force some land out of beneficiaries hands.

Now convince me that this would be a bad thing?
Not at all a contentious issue on a farmer forum...