Posted Jun 29, 2009, 5:43 PM
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Capitalist
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Join Date: Dec 2004
Location: Calgary
Posts: 5,086
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10% flat tax in Sask?
Saskatchewan urged to adopt 10% flat tax
REGINA -- Enterprise Saskatchewan is recommending the province adopt a flat tax.
Under a flat tax, everyone, rich and poor, would pay 10 per cent on all their income. The Enterprise board says it's necessary to avoid investment moving to Alberta.
It also recommends the Saskatchewan government implement a corporate tax rate of 10 per cent.
Enterprise minister Ken Cheveldayoff says the proposals make sense.
NDP finance critic Trent Wotherspoon says the party is open to making the province more competitive, but adds he has a problem with tax cuts that would mostly benefit the wealthy.
Wotherspoon says the recommendation should go to the legislative economy committee for thorough discussion.
He wants to know who would really benefit, and how much it would cost.
-- The Canadian Press
Republished from the Winnipeg Free Press print edition June 29, 2009 B7
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