Alberta's corporate income tax rate will drop from 10 per cent to 8 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.
The U.S. federal corporate income tax rate dropped by 14 points to 21 per cent.
Private-sector capital spending in the U.S. picked up substantially after President Trump took office.
Cutting the corporate tax rate would help lower Canada’s overall effective tax rate on new investment.
Reducing Canada’s corporate tax rate will directly promote business investment.
Corporate tax hike will reduce earnings for typical two-earner household in Alberta by about $830 per year.
Lower corporate taxes bestow important benefits on individual Canadians.