Albertans contribute far more in taxes and other payments to the federal government than they receive in federal spending.
alberta tax system
The change would save approximately 2.3 million Albertans an average of $1,573 per year.
The province last year had the 10th-highest top combined income tax rate among 61 North American jurisdictions.
If the government made this change, approximately 2.3 million Albertans would save $1,573 per year (on average).
When resource revenue is relatively high, the government faces pressure to increase spending.
Lower income tax rates incentivize people to work, save, invest and engage in entrepreneurial activities.
A majority of respondents in the province believe the average family should pay 25 per cent or less of its income in total taxes.
The province's top combined income tax rate increased from 39 per cent in 2014 to 48 per cent today.
Lower tax rates improve incentives for people to work, save, invest and engage in entrepreneurship.