Jason Kenney is Giving Corporations a Massive Tax Giveaway That Will Cost Albertans $3.7 Billion - 2019-05-14

From UmbraXenu
Jump to: navigation, search
F0.png Jason Kenney is Giving Corporations a Massive Tax Giveaway That Will Cost Albertans $3.7 Billion May 14, 2019, PressProgress

Alberta will lose 12% of the annual revenues it depends on to pay for public services thanks to a Donald Trump-inspired corporate tax giveaway announced this week by Alberta Premier Jason Kenney.

Flanked by Finance Minister Travis Toews and Lafarge Canada CEO Brad Kohl, Kenney confirmed Monday Alberta will roll back taxes on corporate profits from 12% to 10% on January 1, 2020. It will be lowered further to 8% in 2022.

A recent report commissioned by the Alberta Federation of Labour noted that Kenney's corporate tax giveaway will remove 12% of public revenues the province currently invests in public services.

Wikipedia cite:
{{cite news | title = Jason Kenney is Giving Corporations a Massive Tax Giveaway That Will Cost Albertans $3.7 Billion | url = https://pressprogress.ca/jason-kenney-is-giving-corporations-a-massive-tax-giveaway-that-will-cost-albertans-3-7-billion/ | work = PressProgress | date = May 14, 2019 | accessdate = May 24, 2019 }}