menu_open
Columnists
We use cookies to provide some features and experiences in QOSHE

More information  .  Close
Aa Aa Aa
- A +

HILL: Premier Smith should finally undo NDP hikes and help restore Alberta’s tax advantage

11 0
14.08.2024

During the election campaign, Danielle Smith promised to create a new 8% tax bracket for personal income below $60,000. While the Smith government’s 2024 budget delayed this tax cut, the premier recently said a “substantial” cut is coming soon. That’s good news, but Smith shouldn’t stop at introducing a new bottom rate. It’s time to finally undo the NDP tax hikes and restore Alberta’s tax advantage.

As recently as 2014, Alberta had the lowest top combined (that is, provincial and federal) personal income tax (PIT) rate in North America. Paired with a low business income tax rate and no sales tax, Alberta had a powerful tax advantage that made the province a very attractive place to work and invest.

Back in 2015, however, the NDP government replaced........

© Edmonton Sun


Get it on Google Play