Quote:
Originally Posted by pspeid
There's kind of a weird feel to Stephenson's newest announcement about cutting the payroll tax. IMO all the "cut taxes/spend more" messages from the PC's make them sound more like an opposition party than the party that's been governing the province since 2016. Yes, Stephenson has only been Premier for a couple of years, but she this announcement feels like she's saying "the payroll tax wasn't an issue for the last seven years, but now it's a disaster".
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Most of the PCs tax cut proposals are, simply put, asinine.
The talking point is that we are uncompetitive.
We have the lowest initial corporate tax rate in the country
Our PST is lower than every province east of us
We're one of 5 provinces that has a payroll tax
While our personal income tax rate is high at middle income, it's low at high-income
She claims we need to be more competitive with Alberta and Saskatchewan, but the highest number of out-migration is to BC and ON, and we're very competitive with them.
Nobody is moving their business here from another province due to the elimination of the payroll tax, and nobody is moving their business out of the province because we have a payroll tax. It's simply bafflegab for the rubes.