As we write in our recommendations for the upcoming provincial budget, it's time for the Saskatchewan government to finish the job it started last year. There is consensus that the province needs to be more competitive in order to attract workers and investment. The government made great strides last year in reducing business taxes, now it's time to finish the job.
It's time to adopt a single rate income tax. We recommend setting the rate at 11 per cent, with basic personal exemption of $15,000. It's aggressive, it's bold and it sends the right message. Forget all the government advertising and let the facts tell the story.
Single rate taxes are recognized around the world for fostering economic growth, productivity and wealth creation.
Let's get it on.
Saturday, February 24, 2007
Sask: Time for a single rate tax
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2 comments:
Single income tax rates are also inherently fair, easier to administer, and the way of the future. I'm on board!
No, no, no. Charging people different rates is fair. Charging people equally is inequitable.
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