Alberta will reduce its corporate income tax rate to 8 per cent.
corporate income taxes
The province's corporate income tax rate would drop from 12 per cent to 8 per cent.
The province’s top marginal PIT rate will increase from 16.8 per cent to 20.5 per cent.
New government plans to reduce rate to 8 per cent.
Corporate income tax reductions benefit people throughout the economic spectrum, not just the affluent.
Geese don’t lay golden eggs unless they get to keep some of them.
Until recently, Alberta had the most pro-growth tax regime in Canada.
Cutting Alberta’s corporate income tax to 8 per cent would substantially improve Alberta’s competitiveness.
The U.S. federal corporate income tax rate dropped by 14 points to 21 per cent.