Good job NDP - down from #1 to #46 in 1.5 years

[Gone_Fishin]

Lorne Gunter: Goodbye Alberta Advantage

BY LORNE GUNTER , EDMONTON SUN

FIRST POSTED: THURSDAY, JANUARY 05, 2017 09:11 PM MST | UPDATED: FRIDAY, JANUARY 06, 2017 10:41 AM MST



Goodbye Alberta Advantage.

And with the end of the Alberta Advantage, say goodbye, too, to the possibility of an economic recovery anytime soon.

You might recall reports in early December showing that under our current provincial NDP government, Alberta had fallen from the 14th-best place on the planet in which to invest in oil and gas to 43rd.

Well here’s another similar blow.

When the NDP took power in May 2015, Alberta had the lowest top combined federal/provincial/sales tax rate of all 60 provinces and states in Canada and the U.S.

We were number 1 – lower than other low-tax jurisdictions such as Texas and Vermont. Now, under the Notley New Democrats, where are we?

In just a year and a half, Alberta's top personal income tax rate is now No. 46, according to an analysis done by the think tank the Fraser Institute.

"That means Alberta’s top rate is now in the highest third of North American jurisdictions. Comparing the marginal personal income tax rate at four different income levels reveals that Alberta no longer has a distinct tax advantage in any of those levels examined," the report states.

Our personal and corporate tax advantages, which once helped drive our nation’s roaring economy, have vanished entirely under the NDP. Where once Alberta had the best, most-attractive tax regime on the continent, it is now disappearing.

At a time of low oil prices, when investors and entrepreneurs are already cautious about putting money into the Alberta economy, the NDP have heaped so many new and increased taxes on Albertans that they will almost certainly prolong our economic pain for years to come.

http://www.edmontonsun.com/2017/01/05/l ... -advantage


The NDP seem to believe that if squeezing the golden goose can make it produce a few more eggs, then running it over with a truck will produce an unlimited supply.

[maryjane48]

the cons drove alberta to state its in . to blame notley is to lose next election there .

[The Green Barbarian]

the cons drove alberta to state its in . .

Hey Einstein, the "Cons" didn't raise taxes, the NDP did. Read the actual article. It's time to start taking responsibility for the NDP's stupid decisions, instead of the auto-reflex response.

[Rwede]

You can bet that Horgan is salivating at the idea of imitating Notley's destructive actions here in BC.

She's laying out a typical NDP roadmap to poverty for working families.

Horgan must be piddling his pants in excitement.

[jamapple]

You can bet that Horgan is salivating at the idea of imitating Notley's destructive actions here in BC.

She's laying out a typical NDP roadmap to poverty for working families.

Horgan must be piddling his pants in excitement.

I like to think there isn't enough People here in BC to EVER see an NDP government. Even if you're not the brightest crayon in the box, you have to know the NDP can/should NEVER rule a province.