Friday, August 15, 2008

Sask income tax relief for fall?

This from the Leader-Post...

The Saskatchewan Party government will address the province's rising cost of living -- possibly with tax cuts as early as this fall -- as it doles out the cash filling provincial coffers, said Premier Brad Wall on Thursday....

Wall said government MLAs at their two-day caucus retreat in Waskesiu have heard the message "loud and clearly" from the public.

"The question then is the solution. And as I've said in the past, the broader the base of the solution the better it is as public policy," he said in a telephone interview from Prince Albert National Park. "The best way to provide a broader sharing of some of the prosperity we see in the province is taxes. The other way is more targeted help," he added without specifying what the latter option entails.

Wall would not directly answer whether there will be tax reductions announced this autumn as part of the government's promised financial plan or it will wait for next spring's budget.

However, the fall is a possibility.

The Sask. Party has talked about reductions to both education property and income taxes, with Wall noting that changes to the latter affects a broader group of citizens.

If there is any tax reduction in the fall it would appear more likely to fall on the income side, as government MLA Jim Reiter's report on a long-term solution to lower education property taxes is not due until early 2009.

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