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Taxing times for small businesses | CTV Calgary

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Taxing times for small businesses | CTV Calgary News


Economics | 207535 hits | Dec 15 7:13 am | Posted by: uwish
23 Comment

Chris Epp speaks with small business owners who say they are struggling to survive as they face new taxes and higher wages.

Comments

  1. by avatar uwish
    Fri Dec 15, 2017 3:16 pm
    Fucken NDP...

  2. by avatar DrCaleb
    Fri Dec 15, 2017 3:18 pm
    Must be tough to have to pay the same taxes and wages as the rest of Canada.

  3. by avatar uwish
    Fri Dec 15, 2017 3:19 pm
    it is, thats why our province is now a have not...

  4. by avatar DrCaleb
    Fri Dec 15, 2017 3:27 pm
    "uwish" said
    it is, thats why our province is now a have not...


    Have not? Deficit is narrowing, economy is growing, employment is up so much employers are having trouble finding people - how is that 'have not'?

  5. by avatar uwish
    Fri Dec 15, 2017 3:29 pm
    keep asking yourself that...keep asking

  6. by avatar DrCaleb
    Fri Dec 15, 2017 3:40 pm
    "uwish" said
    keep asking yourself that...keep asking


    I'm actually asking you to back up your statement.

  7. by avatar uwish
    Fri Dec 15, 2017 9:02 pm
    Unlike you, I don't live in a bubble, Tax rates up by 8% on average, property tax up by ? who knows, some are low some are >100%. Vacancy rates still at record highs sure they have dropped to oooo 27%!, property values are dropping (could be another discussion, as they are sort of detached from many leading indicators).

    The Alberta debt hits $33.3 Billion and is growing, but so glad your happy it isn't growing AS FAST as it was. So I guess things are rosy in Caleb land..

  8. by Sunnyways
    Fri Dec 15, 2017 9:58 pm
    "uwish" said
    Unlike you, I don't live in a bubble, Tax rates up by 8% on average, property tax up by ? who knows, some are low some are >100%. Vacancy rates still at record highs sure they have dropped to oooo 27%!, property values are dropping (could be another discussion, as they are sort of detached from many leading indicators).

    The Alberta debt hits $33.3 Billion and is growing, but so glad your happy it isn't growing AS FAST as it was. So I guess things are rosy in Caleb land..


    Resources are a cyclical business. Alberta should have built up a massive surplus in the good times to prepare for this inevitable day.

  9. by Thanos
    Sat Dec 16, 2017 2:23 am
    Hard to build up a decent surplus when the revenue for it kept being taken away as federal transfers to the other provinces, especially to Quebec.

  10. by Sunnyways
    Sat Dec 16, 2017 2:33 am
    "Thanos" said
    Hard to build up a decent surplus when the revenue for it kept being taken away as federal transfers to the other provinces, especially to Quebec.


    Too much was transferred but higher taxes and lower spending would have been prudent in the good times. The Tories can�t dodge blame for that.

  11. by avatar herbie
    Sat Dec 16, 2017 2:34 am
    Sales tax.
    And soon you'll get less than half of what other provinces rake in from cannabis....

  12. by Thanos
    Sat Dec 16, 2017 2:58 am
    "Sunnyways" said
    Hard to build up a decent surplus when the revenue for it kept being taken away as federal transfers to the other provinces, especially to Quebec.


    Too much was transferred but higher taxes and lower spending would have been prudent in the good times. The Tories can�t dodge blame for that.

    No political party can dodge what they've done. I'll contend though that Alberta wasn't particularly poorly run when compared to the other provinces, especially Ontario over the last fifteen years. The Debt-Clock websites say it all when it comes to that particular nuclear-grade disaster in the making.

    http://www.debtclock.ca/

  13. by Sunnyways
    Sun Dec 17, 2017 6:33 am
    "Thanos" said
    Hard to build up a decent surplus when the revenue for it kept being taken away as federal transfers to the other provinces, especially to Quebec.


    Too much was transferred but higher taxes and lower spending would have been prudent in the good times. The Tories can�t dodge blame for that.

    No political party can dodge what they've done. I'll contend though that Alberta wasn't particularly poorly run when compared to the other provinces, especially Ontario over the last fifteen years. The Debt-Clock websites say it all when it comes to that particular nuclear-grade disaster in the making.

    http://www.debtclock.ca/

    I�m not defending Ontario but Alberta did blow through a massive windfall. Let�s aspire to a higher standard than any Canadian province. When it came to managing money, can do Albertans should have been paying more attention to how those socialists in Norway ended up free of retirement worries.

  14. by Thanos
    Sun Dec 17, 2017 6:43 am
    The situation isn't comparable in the slightest. All the oil revenue in Norway goes to the Norwegian federal government; being offshore it's controlled by the national state, not a province or sub-state. It's not a case in Norway where a provincial state ends up losing between two-thirds and three-quarters of it's resource revenue to confiscation by the federal government, the way it happens every year with oil & gas producing provinces in Canada.

    As for not saving as much as should have been that's always easier said than done. One, the province is obligated to use that revenue to provide and maintain infrastructure, education, health services, and a thousand other responsibilities. Two, the provincial revenue take gets hammered at least once a decade by a major recession and during those recessions Alberta doesn't receive any kind of waiver from it's forced contribution to Ottawa; the feds come and take what they want regardless of the economic conditions going on inside the province.

    If someone could please provide me with an example of any other province in this country "saving like they should" with their own revenue. Judging by the size of the Ontario and Quebec debt & deficits neither of those provinces has saved a penny since Confederation. Don't see why Alberta continually gets this sort of smear placed against us when it's easily arguable that every other province in this country, going by their debts and deficits alone, has been run much worse than we have.



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