$750 million in business tax relief
Modest tax credits for families and seniors included
Introduction of North America’s first carbon tax and cuts to income taxes are the key highlights
Interest payments on the province’s loan are the third-largest expenditure on its balance sheet
Linking such a tax to the province’s $11.1-billion transit plan is a no-brainer
Reduction in corporate and small business tax rates are positive steps
Taylor tables 2008 budget
Province earmarks dollars for savings and capital projects
Strong gains in corporate income tax boost August revenues
Alberta’s government says that its higher than expected surplus will provide a boost for its Heritage Fund and capital funding.According to the first quarter fiscal update, revenue for 2007-08 is forecast at $36.2 billion, an increase of $830 million from budget. Expenses are also up, now forecast at $33.7 billion, an increase of $533 million. […]