Premier Brad Wall today announced:
– the largest single-year income tax reduction in Saskatchewan history;
– the largest amount of debt reduction in Saskatchewan history; and
– the largest investment in infrastructure in Saskatchewan history, while still maintaining a $1.9 billion cash balance in the Growth and Financial Security Fund.
“Our government is delivering a plan to lower taxes so that everyone will share in the benefits of Saskatchewan’s prosperity,” Wall said. “Today’s announcement benefits every income tax filer in Saskatchewan – even those who pay no income tax currently.”
It’s good to be in Saskatchewan!
Cheers,
lance
Nice to see things are getting better back home. The National Post had an article the other day listing the 11 best cities for small businesses across Canada. Lloydminster, which sits on the Sask/Alta. border, was numero uno. Of the remaining ten, three were from Sask.; three from B.C; two from Alta.; and one each from Ont. and Que.
This really disheartens me as a Manitoban. I remember 15 years ago when I was breaking into the workforce and I worked at a place where we had a branch office in Regina. We used to treat the people there as if they were our less intelligent cousins (sorry for the insult but that is the way it was). Now they have every right to look at us and snicker as Saskatchewan has surpassed us in every way imaginable.
I truly have come to dislike Gary Doer. Certainly I don’t like his politics, but the level of his dishonesty has become intolerable for me. He claims to have lowered some taxes, which I guess is true but which is marginal at best, but all that relief is clawed back by his stubborn refusal to index tax brackets to the feds, which has caused significant bracket creep. What has Mr. Doer done? What are his accomplishments? He has governed in a time of unparallelled prosperity and Manitoba is still knee deep in debt and is reliant on transfer payments from our more prudent provincial neighbors.
Well done to Mr. Hall and well done to the people and province of Saskatchewan. Perhaps your fiscal prudence will become an example for Manitoba to follow.
It’s good to be in Saskatchewan!
It’s good to see any province become strong and prosperous and not make pathetic claims on other people’s money.
sorry lance maybe I wasn’t quite clear.
3 Billion in extra revenue is equal to the entire revenue stream of income taxes the government takes in in an entire fiscal year.
Twice.
The entire revenue stream from people in income tax in Saskatchewan is only 1.5 Billion.
So let me lay it out for you… Based on hindsight of what the government actually needed to take in: everyone in Saskatchewan overpaid their income taxes LAST year by 200% and you want me to be happy with a cut NEXT year by 13% (assume the
It’s damned near time that we Saskatchewanians witnessed some economic sanity with the working stiff (“ordinary Canadian” to use a Laytonism) finally getting a slice of the pie.
The NDP would have undoubtedly flushed the surplus on wild social-engineering schemes in an effort to nurture the cult of dependency, entitlement and hopelessness from which they draw their support. Maybe the socialists could have invested in some mindless endeavour like a potato farm. Oh … wait a minute … they’ve already gone down that road.
Finally, at long last, common sense rises to the top in Saskatchewan. The first (and biggest) step was turfing the socialists.
Let’s make sure that they remain forever in the opposition benches of the legislature.
Yup Lance…but soon Ontario will come a calling…cap in hand (no pencils)…asking for more bailouts and equalization payments.
They and Quebec mismanaged their economy (dispite getting all the infrastructure goodies)…but they have no shame anymore.
On a another Babbling website, there are those that actually think this is a bad thing. I just do not understand the left. Help the poor and working poor with reduced taxes and refundable tax credits. Put more money into individuals, seniors, and families hands so they can determine where to spend it. This site is infering that this is a conspiracy to bring in economic doom so that the Sask Party can sell off the crowns.
I guess there is no cure for those leftards, facts are beyond their capacity to understand.
Go Brad Go
Now that’s what I call “Change you can believe in”..!!!
Dalton McGuinty, please take note…
I must say, I was very reluctant about Brad Wall…that reluctance is gone 😀
A nice mixture of debt reduction, lower taxes, infrastructure spending and a rainy day fund.
I always prefer public debt reduction because of the continuing annual dividend in reduced interest payments for all but the resource boom will like last long enough to take of the provincial debt .
This generation of Saskatchewan conservatives seem to be living up to their name. Don’t get me started about Grant “Deficit and Debt” Devine’s fiscal management
These things are all well and good. But…but…but… Brad Wall is a “wolf in sheep’s clothing”. He has a “hidden agenda”. He cancelled funding for the Station 20 project, depriving the poor of easy access to health care and healthy food and the opportunity for a few to make tons of money on the deal. He wants to make us more like Alberta. He allowed his underage daughter to drive …. on a public road. He even had a few drinks, years ago, and spoke with a Ukrainian accent.
Oh the humanity!
Oh yeah! I forgot the most important misdeed of them all. He wouldn’t take that big meanie, Stephen Harper to task for the $800 million in equalization payments. A true hero like Danny Williams wouldn’t take that kind of abuse.