Death, taxes and #ableg.

“There are only two certainties in life, death and taxes.”

This quote is commonly attributed to Benjamin Franklin from a letter he wrote in 1789, although it originally appeared in Daniel Defoe’s The Political History of the Devil in 1726. Regardless the source, the certainty of taxes has been around an awfully long time.

Except if you happen to be a corporation in Alberta, of course.

The “Prentice Team” has introduced 59 new sources of taxation and fees for Albertan’s this coming year…yet somehow failed to move the needle, even slightly, on the lowest corporate tax rate in Canada.

Screen Shot 2015-04-19 at 9.10.52 PMThe argument being, of course, that businesses will have to lay off workers because of a “job killing corporate tax”. As opposed to laying everyone off when the price of oil drops.

Interestingly enough, The Prentice Team sent me some propoganda campaign literature in the mail the other day. One of the claims that caught my eye was the “1% Increase to Corporate Tax = 8900 Jobs Lost”, courtesy of Jack Mintz (an economist from the U of C). Of course, he just happens to be on the board of directors for Imperial Oil. Don’t read anything into that, I’m sure there’s no corporate bias going on here.

Of course, you could look to our neighbours to the west, good old British Columbia. They raised their corporate tax rate from 10% to 11% in 2013. And then led the nation in economic growth in 2014, and are forecasted to do the same in 2015. Shit. There goes that theory.

Seriously though, how can the Alberta citizen believe a single word that comes out of the Progressive Conservative party, particularly related to anything that has a number attached to it? In the same propaganda leaflet, they’re pledging to “Double the Heritage Fund” because Alberta’s energy resources are the birthright of all Albertans – present and future.

Riiiiiiggggghhhhtttttt…..which is why we’ve been giving them away for the last 40 years.

I encourage you to read the full plan at PCalberta.com. And then get the actual facts (available at the internet nearest you, but start here) and vote appropriately.

 

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