A recent lead editorial in one of the world’s most prominent newspapers, the Wall Street Journal, pointed out the risks associated with the United States adopting a national sales tax, or value-added tax (VAT).
sales tax
March 28, 2015
7:00AM
With tumbling oil prices and resource revenues, Premier Jim Prentice had a choice when he delivered Alberta’s 2015 budget. He could emulate former premier Don Getty and raise taxes or follow the Ralph Klein playbook and reduce spending.
March 28, 2015
6:00AM
Premier Jim Prentice dropped hints for months that the 2015 provincial budget was a once-in-a-generation chance to “fix” Alberta’s finances.
January 17, 2015
10:00AM
With oil prices plunging and provincial resource revenues expected to drop, Alberta’s red ink will rise. In response, Premier Jim Prentice has floated the notion of a provincial sales tax and/or hikes in other taxes.
August 15, 2014
3:27PM
If you asked average Canadian families what their largest expense is, many would probably say housing. And you can’t blame them. Mortgage and rental payments are a painful monthly reminder of how much we pay for this basic necessity.
April 29, 2014
2:00AM
Like other Canadians, you work hard for your money.
Faced with essential expenses such as food, clothing, and shelter, your household budget may feel squeezed. But what if we told you, your family's biggest expense is taxes?
Sure, you know how much you pay in income tax. After all, it's right there on your income tax return. In fact, income tax is the largest and most visible tax, taking $14 out of every $100 your family earns.
But that's just scratching the surface.
March 5, 2014
2:00AM
One item sorely missing from Finance Minister Mike de Jongs recent provincial budget was a plan to make BCs business taxes more competitive and attractive for investment.