Covering politics in Alberta. Follow this topic, share individual stories with your network, suggest stories to me on Twitter @jody_macpherson or via email at firstname.lastname@example.org or just browse the media coverage.
Wildrose strategist Tom Flanagan says, “A party that can always count on winning is likely to become unresponsive and even corrupt.” He’s right (think of the PCs’ willingness to accept contributions from public bodies like universities and municipalities), but perhaps even more dangerous is the warped consciousness which develops among the jurisdiction’s citizens.
A TD Bank report outlining options for Alberta’s provincial budget — published one week before it's to be brought down by the government — gives further heft to the voices increasingly calling for ...
Jody MacPherson's insight:
"...in recent years there is a growing body of research that shows the progressivity of the tax system does matter,” said Derek Burleton, vice-president and deputy chief economist at TD Bank.
“Taxes have to be an important part of the equation. You are not going to close the gaps on the spending side alone,” said Burleton, adding he’s mindful of the political challenges associated with introducing a sales tax.
“The Alberta government needs to shift its attention longer term on reducing its reliance on volatile, non-renewable resource revenues as a funding source for operating spending, and in turn, build savings for the future,” the report states.
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