HILL: Sales tax wouldn’t magically balance the budget, but it will leave less money in Albertan pockets
In October, Albertans will vote in a referendum covering various policy issues. Recently, Premier Danielle Smith said that if Albertans collect enough signatures, a question about a potential provincial sales tax (PST) could be added to the ballot. But Albertans should be cautious about supporting tax hikes. After all, the Alberta government has a spending problem, not a revenue problem, and higher taxes will only leave less money in their pockets.
Discussions about Alberta’s finances often revolve around resource revenue (e.g. oil and gas royalties). While this volatile revenue source does impact the budget, it isn’t in and of itself the problem. The problem is........
