alberta tax system

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Calgary should stop looking for one big thing to fix its economy

If taxes are competitive and firms are incentivized to invest, jobs will be created.

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Both Saskatchewan and British Columbia now have lower corporate tax rates than Alberta.

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In 2015, the Notley government scrapped the single-rate personal income tax.

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Alberta now has the 16th highest top personal income tax rate in North America.

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In 2016, the average Alberta family will pay a total of $47,752 in total taxes.

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The Alberta government recently abandoned the province’s single 10 per cent tax rate on personal income in favour of a five-bracket system with a top rate of 15 per cent—a move that will reduce Alberta’s competitiveness and cause undue harm on an already struggling economy.