Danielle Smith is promising to keep taxes low forever. Did the Alberta NDP make a big mistake with their promise to raise the business tax?
The UCP argues that Alberta, unlike many other provinces, has to compete with U.S. states for big-project capital. They say 11 per cent is too high to keep that advantage.Article content
As for UCP claims that business will leave the province, Notley said, “I don’t know where they’d go,” given that Alberta would still have Canada’s lowest rate.Smith reiterated her party’s plan Wednesday, at the very momentThis advertisement has not loaded yet, but your article continues below.UCP strategists believe — or hope — that the voting public is fed up with attacks and negativity. At this late stage, average voters just want to know what’s in it for them.
Such laws do not truly constrain governments. Another regime could always change it, just as previous PC governments slid away from their own no-debt law.Advertisement 6The knock on legislated tax freezes is that no matter what revenue crisis arises, there’s no room for even the smallest tax hike.
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