Thursday, April 06, 2006

Saskatchewan budget day

I'll be on the rotunda of the legislature in a few hours to get the good on today's budget. Get ready for the biggest spending budget in Saskatchewan history. They'll also move on corporate taxes, which is welcome. Should be fun.

UPDATE: One pleasant surprise. No, it wasn't surprising that the government implemented corporate tax reform, but it was surprising to see them implement the Vicq recommendations to the letter.

I got the distinct impression that people wanted the CTF to be grateful for the business tax reductions. Grateful for what? 60 years of oppressive rates of taxation? Give thanks for having dozens of crown corporation that squeeze out private businesses and economic freedom? Thanks for completely bungling the economy until....well...today?

No thanks. We don't play that game.

UPDATE 2: Yes, indeed, this is a deficit budget, but the 2007-2008 budget is expected to be a much deeper deficit.

Check the greensheets for detailed info.

UPDATE 3: Just realized that, on a per capita basis, Saskatchewan is spending just as much as Alberta.

36 comments:

Brick Wall said...

So now Corporate Tax Freedom Day is Jan 5 or so ?

Sask.Taxpayers Federation said...

I wonder how many new jobs will be created because of this tax relief? I don't think too many. Buisness will pocket the difference and that is that. Not too many new jobs. The private sector has got to pay better wages to keep young people here. Our wages are too low.

Anonymous said...

I remember during the last provincial election, the dippers ran a push poll, to the effect of "the Sk party wants to lower corporate taxes, leaving less money for health and education. In light of this, would you be more or less inclined to support the ..."
About time they saw some light! They will have to control some of their (many) readicals like "brick wll" up there!

David MacLean said...

Well, other jurisdictions have done it and great things happened. Ireland comes to mind...just a few years ago BC went through a similar process. As for pocketing the dough, you obviously don't know much about business, STF. Business people INVEST money so they can make more money.

David MacLean said...

Yes, this is reaganomics, NDP style. It makes me laugh. Most NDPers will say such things as "Reagonomics is voodoo" or "supply side economics don't work." I'm glad this NDP government no longer agrees. And yes, in the last campaign the NDP campaigned against corporate tax cuts -- saying they would starve the government of revenues. And now they have gone farther that the Sask Party ever promised.

Anonymous said...

Is this a deficit budget? I hear conflicting reports: anyone know?

David MacLean said...

Yeah it is a deficit. I had a double-take when I saw that.

sask.taxpayers federation said...

The NDP passed a budget even the pessimistic Sask Party can live with. I think it was a good budget Super Dave,admit it. It has a little something for everyone. It must give the buisness community a good break, they like it. It was done this way because the province can afford it now.

Anonymous said...

It was done this way because the Province could not afford NOT to do it!

Three wasted years! Thanks Calvert & the rest of you old socialists for resisting change for far too long!

sask.taxpayers federation said...

What good does a cut in buisness taxes for working people? Nothing. Right? So Walmart,Home Depot, and superstore can pocket more money. How about job creation? How about a raise in the minimum wage? How about an apprenticeship program funded by the govrnment and buisness?

David MacLean said...

STF, you are just plain wrong. Lower taxes create more jobs, higher wages, lower prices and better returns on investment.

sask.taxpayers federation said...

You're sniffen glue again Dave. There is no proof to back up what you claim. It's all right wing babble. Time will tell.

Mad Hatter said...

Hey STF, it's obvious why 4000 young people left Saskatchewan for Alberta. It's apparent now. In order for Alberta to be so successful they must have the highest taxes in Canada. Their royalty structure must be the highest in North America. Their PST must be 15% to 20%. It was only after I read your posts that I fully understood the reasons for Albera's success.

Anonymous said...

Statscan is reporting today (April 7) that SK lost 5200 jobs in teh last year: AB gained 68,000, BC even moer, MB gained 4600: these hecklers like stf must be either paid by the NDP or else just completely out of their minds!

Brick Wall said...

Higher wages and lower prices are linked, as the cost of labour is/should be factored into the price. Therefore higher wages mean increased prices and lower prices equal lower wages.
Is this part of your supply-side garbage ?

David MacLean said...

Hey Brick Wall, the policies just announced by the the government are just that -- supply side economics. Look it up. Thanks for contributing.

Brick Wall said...

Its amazing we are completely reenacting the events at the beginning of last century, when the world turned to the power of the market and was taught a lesson.
Will we ever learn ?

Sask.Taxpayers federation said...

Where do you Geeks come up with these ideas. Our wages are too low that is a fact. Alberta's wages are much higher. I'll believe these tax cuts create jobs when I see it until the I'm a skeptic.It's more than just taxes. It's more complicated than that. I hope that's all it is.

sask.taxpayers federation said...

I'm surprised you and the Sask Party don't try and take credit for the budget. The Sask Party has tried. The Gov't said they'd cut taxes when the province can afford it. Now we can.

Anonymous said...

Buisnessmen,Farmers and native leaders always crying for more. How long can this go on.

Anonymous said...

stf, you socialists have cost the province three (more) wasted years! These cuts could ahve bene made in 2002! Andrew Thompson quite rightly has observed that these tax cuts will stimulate the economy, and hopefully turn around the trend of declinging population and jobs. You true believers are simply not being rational, using every excuse you can to defend the indefensible. Yo Calvertistas, thanks for the three (more) wasted years, thanks for all the friends and family leaving, thanks for all the closed down businesses, thanks for the vacancies, thanks for keeping Saskatchewan "cheap", thanks for increasing the debt, thanks for growing the size of teh government while the population shrinks, thanks for raising the damn PST, and thanks for being so dense, thanks for being so selfish and always asking what the gubment can do for you (cheapskates), you are ruining Saskatchewan!

Sask.Taxpayers federation said...

Mr.Anonymous the buisness community needs more people like yourself in their corner. I mean after all they are at such a disadvantage. They always pay their fare share when they have to.
They sacrifice so much. They are always fair in ther dealings with the consumer. They would never gouge us. They stand up for what's just for the working man and always pay fair wages. They always pass their savings on to us. They are not selfish coporate welfare bums. On the contrary they need more of us working people to pick up the slack. We don't pay enough. After all Walmart is the best thing since ice cream. Do you believe the above? You expect the rest of us to believe it. You're very nieve if you do.

Anonymous said...

Why does the headcount in the Crown Corporations and government keep rising? Why does the cost of administering government in Saskatchewan keep rising far faster than the rate of inflation and the rate of economic growth?

Why won't the government actually run Crown Corporations like businesses, rather than welfare programs for their political friends?

It really is time for this NDP government to be exterminated. The future of the province depends upon it.

sask.taxpayers federation said...

Anonymous you're dreaming.

sask.taxpayers federation said...

"Take care of buisness Mr.Buisnessman if you can"

Anonymous said...

stf is a sick man: he believes that CCF/NDP crap about "eradicating capitalism": the problem for stf is, the NDP itself does not really beleive it any more, as evidenced by this recent budget. And do you notice how stf does not respond directly to the issues that are raised? instead, he chanegs the topic, calls names, makes inane "quotes". I pity the poor guy, he's sick!

sask.taxpayers federation said...

Why the hell do you defend policies that don't work. Everything you say is right wingy American B.S. How big do you think the civil service is in Alberta and BC? It's big in both provinces. Alberta and BC make more money just from tourism than the whole Sask budget. You must sit all day and quote stats that you really don't understand. We have hundreds of jobs just in healthcare that no one applies for. Why? I live in a 175,000.00 house. I drive a 10 year old truck. My wife and I both work full time. We live better here than I could ever hope to live in Alberta. Why do you as a wage earner,if you are, defend whinny buisnessmen? Why? Do hope to get in on some of their glory? Good luck. They like people like you to spread the BS for them. Do you have a job? What do you earn a year? The big bucks!! I doubt it. You probably work at Walmart or Circuit City. That's what you think life is. Kiss ass buisnessmen and they will share the wealth. Give yourself a few more years you'll see the light.Buisnessmen look after buisnessmen, no one else. And they whine and whine till the government bows in. Just like farmers. When are you going to learn these people don't give a damn about the rest of us.

Anonymous said...

stf, you not only disrespect farmers and businessmen, you are full of hate and envy: you are truly ignorant, and it is you and your ilk that is driving people out of Saskatchewan. What is truly scary is that, I suspect, you work for the gov of Sk, and yet harbour this resentment for people that work hard, that risk their own money, time and emtional health, all in the hopes of improving the world for themselves, their families, and the community at large, and you just do not get it. You take from business and farmers, you will suck their lifeblood if you could, why, you would probably send tehm to gulags if you could, yet you have no shame, only a sense of entitlement and spite. you have clearly been indoctrinated in this garbage in fine communist tradition, but thanksfully, you are a dinasaur, your type is fading and belongs in teh "dutbin of history": Sk seems to be one your last bastions, and will hopefuly fall someday soon.

sask.taxpayers federation said...

I grew up among farmers and buisness people. You say they risk their own money , that is true to a point. Why do taxpayers have to cover their risk? There is room for both crowns and private buisness to work side by side. I do not think natural resources should be privatized. Some farmers work hard some hardly work. Somewhere along the way someone told them they need the taxpayers to bail them out everytime the price of wheat goes down. Not once have i heard the farm community thank the people of Sask for bail outs. Eg.Devine and grip. All paid for by the rest of us non farmers.

Anonymous said...

stf; I hear in you an old socialist full of envy, hate and ignorance. I'm not a farmer, but I know enough to tell you that 1) farmers helped build this province, not you civil servants; and 2) our farmers have to compete on a non-level playing field, meaning that the Europeans and Americans are willing to subsidize at much higher rates than Canada is. All I can say is that you should show some respect for people that work hard, that are proud, that do risk their savings and even their physical and mental health to grow the food we eat.

sask.taxpayers federation said...

I grew up in rural Sask. Farmers are different from 30 years ago. They did not wait for gov't handouts they didn't have to. Grant Devine started this whole handout thing. He was a farmer and he bailed out himself and other farmers. I support the farm community as does the NDP, they always have. I just don't believe us as a province should shoulder the total cost. The federal gov't should. And they don't.

Anonymous said...

go away, stf, you are inconsistent. You embarass yourself and your beloved NDP: your postings make you seem old, bitter, intransigent, unreasonable and irrational.

Brick Wall said...

Ssounds like a description of Mr. MacLean.

sask.taxpayers federation said...

Mr.Anonymous you are young and foolish.

Sask.Taxpayers Federation said...

Mr.anonymous your ideas are old and self defeating. It was all said before,RB Bennett,Dief,Mulroney all did the same song and dance and took us to the brink of disaster. The Liberals are no better. The NDP in Ottawa talk about issues that will work. No other party does. You are full of hot recycled air.

Anonymous said...

Then answer these , old-timers: why is Sk going down the toilet? And why are the prv NDP embracing free-market solutions?

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