SASK PST tax hike this morning to 6%..YAY!!

[HeavyD111]

Bus company is toast, lots of stuff cut. Wall and co. said "the government will need to rely less on money from natural resources and more on taxpayers."

Thanks..we know things sucks all over but no need to make it so obvious that we are going to get bent over. Yes I know this is an AB forum but seeing people anywhere lose jobs isn't a good thing.

Good luck, former STC workers.

[dmcbride]

Originally Posted by HeavyD111

Bus company is toast, lots of stuff cut. Wall and co. said "the government will need to rely less on money from natural resources and more on taxpayers."

Thanks..we know things sucks all over but no need to make it so obvious that we are going to get bent over. Yes I know this is an AB forum but seeing people anywhere lose jobs isn't a good thing.

Good luck, former STC workers.

1% pst hike is better than a Carbon tax and a 10 billion+ deficit. Wish Alberta had Wall. Want to trade premiers?

[sjd]

If Alberta had the same taxes as Saskatchewan we would have no deficit.

Brad's carbon tax is coming too, its just going to be implemented by the Feds as the sole hold out province that won't play ball. So SK will soon have a 6% PST and a C-tax.

[Okotokian]

Originally Posted by dmcbride

1% pst hike is better than a Carbon tax and a 10 billion+ deficit. Wish Alberta had Wall. Want to trade premiers?

uh, that's a 1% added, total 6%. I'm pretty sure the carbon tax doesn't come anywhere near to what you would pay on a tax covering 6% of every purchase you make.

[dmcbride]

Originally Posted by Okotokian

uh, that's a 1% added, total 6%. I'm pretty sure the carbon tax doesn't come anywhere near to what you would pay on a tax covering 6% of every purchase you make.

Just saying Albertan's saw a bigger increase in taxes. Sask. has had Pst. for years.

[kidd]

Originally Posted by dmcbride

Just saying Albertan's saw a bigger increase in taxes. Sask. has had Pst. for years.

The Alberta Carbon Tax is equivalent to almost 7%, yes.
kidd

[schmedlap]

Originally Posted by sjd

If Alberta had the same taxes as Saskatchewan we would have no deficit.

Brad's carbon tax is coming too, its just going to be implemented by the Feds as the sole hold out province that won't play ball. So SK will soon have a 6% PST and a C-tax.

SK combined federal and provincial income marginal tax rates are equal on regular income and lower in most or all other categories than AB. The difference is they have a PST, and we now have a lesser rate PST labelled a "carbon levy". Those are a little hard to compare, due to the different categories of application, but if SK had a PST only just equal in revenue to our PST, their per capita deficit would still be much lower than ours.

I would way rather have more sales (consumption) taxes and less income taxes - consumption taxes that exempt real life necessaries are much more palatable, as they are relatively "voluntary".

It would be pretty surprising if the existing and outside bus lines that no longer have to compete with STC don't fill the gap as to any routes that have sufficient passenger capacity, and hire some, at least, of the drivers, etc. A major economic problem in SK after decades of ND governments (mind you fiscally responsible ones compared to our Borg) was and is that the government owned and still owns way too much of the resources and services. They need less government in order to raise average economic standards to levels comparable to those in jurisdictions with similar resources.

[Okotokian]

Originally Posted by kidd

The Alberta Carbon Tax is equivalent to almost 7%, yes.
kidd

Not sure where you are getting that. I'm pretty sure the carbon tax isn't making the cost of Chinese underwear in Walmart go up 7%. We are talking about 7 cent a litre for gas and also tax on natural gas. It's not insignificant for sure. But if you are spending 50,000 of your income a year in Sask, you are paying $3000 in Sask PST. I don't think I'm paying anywhere near an extra $3000 for the carbon tax.

Looking at it a different way, Wall increased the PST by 20%. That's quite a jump. Saying it's going up 1% sounds way less, but people will be paying 20% more.

[Newview01]

Originally Posted by Okotokian

I don't think I'm paying anywhere near an extra $3000 for the carbon tax.

But you don't know. That's why the carbon tax is the slickest trick they could pull. Nobody really knows exactly how much extra we are paying except for the people who were asked to do the economic impact study which has never been released. But I would say $3,000 is about right, maybe even low.

[hal53]

Originally Posted by Okotokian

uh, that's a 1% added, total 6%. I'm pretty sure the carbon tax doesn't come anywhere near to what you would pay on a tax covering 6% of every purchase you make.

you don't think the carbon tax is having an effect on everything you purchase??

[schmedlap]

Originally Posted by Okotokian

uh, that's a 1% added, total 6%. I'm pretty sure the carbon tax doesn't come anywhere near to what you would pay on a tax covering 6% of every purchase you make.

The carbon tax intake is about $750 per capita for AB. In order for a 1% rise in PST to raise that per capita in SK (not gross but per capita), each and every resident of SK (including children, aboriginals, retired folk, etc.) would have to spend about $75,000 on taxable consumption purchases. Don't forget it is only the end user that pays it, net net - business purchases etc. are refunded by credit. Of course the truth is no where even close to that. In fact the 1% PST increase is a fraction of the AB PST (aka "carbon levy") on an apples to apples comparison.

[saskbooknut]

Brad Wall spent us into this hole and has not increased revenues enough to get us out of deficit. At this point he has only reduced the admitted deficit by about half. That is not including the increased borrowing already taken place.
He is planning on making his own sinkhole worse by reducing income taxes.
The one hope is that resource revenues increase, but the signs for that are not good..
Eventually the Saskatchewan taxpayer will face the bills, and it ain't pretty.

[JonBoy]

Originally Posted by Okotokian

Not sure where you are getting that. I'm pretty sure the carbon tax isn't making the cost of Chinese underwear in Walmart go up 7%. We are talking about 7 cent a litre for gas and also tax on natural gas. It's not insignificant for sure. But if you are spending 50,000 of your income a year in Sask, you are paying $3000 in Sask PST. I don't think I'm paying anywhere near an extra $3000 for the carbon tax.

Looking at it a different way, Wall increased the PST by 20%. That's quite a jump. Saying it's going up 1% sounds way less, but people will be paying 20% more.

20% more tax...not 20% more for goods. They're paying 1% more for consumer goods, though, not groceries and other direct necessities.

It hurts but it's at least something you can somewhat choose to pay (by limiting your purchases in SK on consumer goods, or by buying less consumer goods in general). A carbon tax, on the other hand, hits everything and is non-negotiable as we all have or use things that require gasoline.

[bat119]

1% is not bad I was expecting a 2% increase although living in Lloyd I only see the PST when I go back home for a visit it still stings. I wonder what the plan is to replace STC for a lot of small town folk its the only way they had to get the city for medical appointments or visiting.

[sjd]

Originally Posted by schmedlap

SK combined federal and provincial income marginal tax rates are equal on regular income and lower in most or all other categories than AB.



.

The amount of making stuff up on this board is staggering. Alternative facts? Socialist Brad Wall has higher marginal tax rates than Alberta, not lower. These are the stats before last week. Brad has said he will reduce them 1/2 a per cent next year - still waay higher than Alberta

Saskatchewan 11% on the first $45,225 of taxable income, +
13% on the next $83,989, +
15% on the amount over $129,214

Alberta 10% on the first $126,625 of taxable income, +
12% on the next $25,325, +
13% on the next $50,650, +
14% on the next $101,300, +
15% on the amount over $303,900

plus a 7% sales tax

Alberta has lower income taxes, no sales tax, and a measly carbon tax that is probably equivalent to a 1% PST (and 60% of families get a rebate that is calculated to offset average use). There is no evidence of increase in prices on other consumables beyond gas and heating.

If you want a low tax jurisdiction, you are far better off in Rachel's AB than Brad's SK. Might not fit your worldview but those are the stats.

[ESOXangler]

Originally Posted by sjd

The amount of making stuff up on this board is staggering. Alternative facts? Socialist Brad Wall has higher marginal tax rates than Alberta, not lower. These are the stats before last week. Brad has said he will reduce them 1/2 a per cent next year - still waay higher than Alberta

Saskatchewan 11% on the first $45,225 of taxable income, +
13% on the next $83,989, +
15% on the amount over $129,214

Alberta 10% on the first $126,625 of taxable income, +
12% on the next $25,325, +
13% on the next $50,650, +
14% on the next $101,300, +
15% on the amount over $303,900

plus a 7% sales tax

Alberta has lower income taxes, no sales tax, and a measly carbon tax that is probably equivalent to a 1% PST (and 60% of families get a rebate that is calculated to offset average use). There is no evidence of increase in prices on other consumables beyond gas and heating.

If you want a low tax jurisdiction, you are far better off in Rachel's AB than Brad's SK. Might not fit your worldview but those are the stats.

Common sense not welcome. Think of all the angry Facebook posts many here would have to retract if you were able to get through.

[CLB]

Sask also just shut down the Saskatchewan pasture program. That is 780000 acres of public land that will likely be sold off to the highest bidder. This is 780000 acres that was open to hunters for hunting. Mostly the only public land open to hunting here in the south.

[coreya3212]

Originally Posted by sjd

The amount of making stuff up on this board is staggering. Alternative facts? Socialist Brad Wall has higher marginal tax rates than Alberta, not lower. These are the stats before last week. Brad has said he will reduce them 1/2 a per cent next year - still waay higher than Alberta

Saskatchewan 11% on the first $45,225 of taxable income, +
13% on the next $83,989, +
15% on the amount over $129,214

Alberta 10% on the first $126,625 of taxable income, +
12% on the next $25,325, +
13% on the next $50,650, +
14% on the next $101,300, +
15% on the amount over $303,900

plus a 7% sales tax

Alberta has lower income taxes, no sales tax, and a measly carbon tax that is probably equivalent to a 1% PST (and 60% of families get a rebate that is calculated to offset average use). There is no evidence of increase in prices on other consumables beyond gas and heating.

If you want a low tax jurisdiction, you are far better off in Rachel's AB than Brad's SK. Might not fit your worldview but those are the stats.

The title of the thread is that the PST in Sask has been raised to 6%, but you are saying "plus a 7% Sales tax"

Is it six or is it seven?

[Badgerbadger]

Originally Posted by sjd

The amount of making stuff up on this board is staggering. Alternative facts? Socialist Brad Wall has higher marginal tax rates than Alberta, not lower. These are the stats before last week. Brad has said he will reduce them 1/2 a per cent next year - still waay higher than Alberta

Saskatchewan 11% on the first $45,225 of taxable income, +
13% on the next $83,989, +
15% on the amount over $129,214

Alberta 10% on the first $126,625 of taxable income, +
12% on the next $25,325, +
13% on the next $50,650, +
14% on the next $101,300, +
15% on the amount over $303,900

plus a 7% sales tax

Alberta has lower income taxes, no sales tax, and a measly carbon tax that is probably equivalent to a 1% PST (and 60% of families get a rebate that is calculated to offset average use). There is no evidence of increase in prices on other consumables beyond gas and heating.

If you want a low tax jurisdiction, you are far better off in Rachel's AB than Brad's SK. Might not fit your worldview but those are the stats.

I see gasoline is at 85cents this morning (Edmonton) so that cost is about the same as last fall. Diesel is sitting about the same. The price of natural gas is about an average $3.00(since 2000) so the extra $1/GJ shows up there. So, it appears that the carbon tax should not affect shipping costs at all.

[elkhunter11]

Would you rather that Wall lie and tell you that oils is going to bring in way more than is reasonable to expect, and keep spending money on stupidity like changing light bulbs in private homes? And then when oil does not bring in the revenue that we were told, and the money is spent, the government will declare an emergency and increase taxes dramatically to make up the shortfall.

[kingrat]

PST is now 6 not 7 percent. All the mla and premier took a 3.5 percent paycut and he wants all public servants to do the same but said he'll leave that to the unions to negotiate it.

[elkhunter11]

Originally Posted by kingrat

PST is now 6 not 7 percent. All the mla and premier took a 3.5 percent paycut and he wants all public servants to do the same but said he'll leave that to the unions to negotiate it.

It's called leading by example, something that neither our provincial or federal leaders understand.

[Walleyedude]

The crazy thing is, they're making all of these changes, most of which will be very unpopular, in response to a deficit in Sask that is a drop in the bucket compared to what we are INTENTIONALLY racking up here in AB.

If I were still in Sask, I wouldn't be happy about paying more in taxes, but I would be VERY happy that my government realizes it needs to live within its means and control the debt without relying on pie in the sky resource revenues. That means a combination of increased taxation and reduced spending, and I'd be OK with that.

What our NDP provincial government is doing in Alberta is criminal in my mind.

[kidd]

Originally Posted by Okotokian

Not sure where you are getting that. I'm pretty sure the carbon tax isn't making the cost of Chinese underwear in Walmart go up 7%. We are talking about 7 cent a litre for gas and also tax on natural gas. It's not insignificant for sure. But if you are spending 50,000 of your income a year in Sask, you are paying $3000 in Sask PST. I don't think I'm paying anywhere near an extra $3000 for the carbon tax.

Looking at it a different way, Wall increased the PST by 20%. That's quite a jump. Saying it's going up 1% sounds way less, but people will be paying 20% more.

I suppose my numbers could be off about the Carbon Tax equaling close to 7%. I thought that the anticipated revenue from the Carbon Tax is around $3 Million per year. If that is true, and our Provincial Revenue is around $45 Million, then that is 6.7% increase in revenue due to Carbon Tax.
kidd

[JonBoy]

Billion (for both numbers), not million.

[super7mag]

Originally Posted by sjd

The amount of making stuff up on this board is staggering. Alternative facts? Socialist Brad Wall has higher marginal tax rates than Alberta, not lower. These are the stats before last week. Brad has said he will reduce them 1/2 a per cent next year - still waay higher than Alberta

Saskatchewan 11% on the first $45,225 of taxable income, +
13% on the next $83,989, +
15% on the amount over $129,214

Alberta 10% on the first $126,625 of taxable income, +
12% on the next $25,325, +
13% on the next $50,650, +
14% on the next $101,300, +
15% on the amount over $303,900

plus a 7% sales tax

Alberta has lower income taxes, no sales tax, and a measly carbon tax that is probably equivalent to a 1% PST (and 60% of families get a rebate that is calculated to offset average use). There is no evidence of increase in prices on other consumables beyond gas and heating.

If you want a low tax jurisdiction, you are far better off in Rachel's AB than Brad's SK. Might not fit your worldview but those are the stats.

You realize that the tax paying portion of sask population is less then 1/3 right?
Now compare that to Alberta , even with Notley driving away business we are closer to 2/3 of the population in the work force!!! Think about it .

[kidd]

Originally Posted by JonBoy

Billion (for both numbers), not million.

Doh! I did mean billion. 1000 million. lotsa green.
kidd

[elkhunter11]

Originally Posted by sjd

The amount of making stuff up on this board is staggering. Alternative facts? Socialist Brad Wall has higher marginal tax rates than Alberta, not lower. These are the stats before last week. Brad has said he will reduce them 1/2 a per cent next year - still waay higher than Alberta

Saskatchewan 11% on the first $45,225 of taxable income, +
13% on the next $83,989, +
15% on the amount over $129,214

Alberta 10% on the first $126,625 of taxable income, +
12% on the next $25,325, +
13% on the next $50,650, +
14% on the next $101,300, +
15% on the amount over $303,900

plus a 7% sales tax

Alberta has lower income taxes, no sales tax, and a measly carbon tax that is probably equivalent to a 1% PST (and 60% of families get a rebate that is calculated to offset average use). There is no evidence of increase in prices on other consumables beyond gas and heating.

If you want a low tax jurisdiction, you are far better off in Rachel's AB than Brad's SK. Might not fit your worldview but those are the stats.

You need to look further than the present tax rates, and look at why Saskatchewan has higher tax rates. Former Saskatchewan governments, primarily the NDP , severely restricted development of the resources, oil for instance, so the investors spent their money in Alberta, and Alberta enjoyed the royalties and the employment, instead of Saskatchewan. Are you aware that the oil sands extend well into Saskatchewan? Have you ever wondered why the only development that took place was in Alberta? The NDP almost totally destroyed the potash industry with their forced takeover of the industry many years ago. The result was layoffs, mines shutting down, and lost revenue. As a public owned corporation, the company went heavily into debt, and never did well under government control.

[From The Hip]

Originally Posted by Walleyedude

The crazy thing is, they're making all of these changes, most of which will be very unpopular, in response to a deficit in Sask that is a drop in the bucket compared to what we are INTENTIONALLY racking up here in AB.

If I were still in Sask, I wouldn't be happy about paying more in taxes, but I would be VERY happy that my government realizes it needs to live within its means and control the debt without relying on pie in the sky resource revenues. That means a combination of increased taxation and reduced spending, and I'd be OK with that.

What our NDP provincial government is doing in Alberta is criminal in my mind.

Now this is why AO needs a "like" button on threads or any means of giving a guy reputation points.....very good post sir and dead on target.

FTH

[RandyBoBandy]

Originally Posted by From The Hip

Now this is why AO needs a "like" button on threads or any means of giving a guy reputation points.....very good post sir and dead on target.

FTH