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They estimate that between 2020 and 2022, the Alberta government brought in an additional $646 million in tax revenues. With this announcement of reindexation being retroactive through 2022, the final revenue haul for the Alberta government will likely be less than $646 million. At this point, though, it’s unclear by how much. At the end of the day, Alberta taxpayers will still be out of pocket as a result of deindexation, not to mention all the additional costs we’ve had to bear as a result of this year’s pace of inflation.
Again, it could be argued that given the magnitude of the fiscal problems facing Alberta in 2019 , a temporary tax increase would be a necessary sacrifice to maintain program spending while helping to shrink the deficit.Article content But, of course, that’s not a case you’d ever hear the UCP make. When the blue ribbon panel on Alberta’s finances
Seriously, ?
Your headline suggests that Kenney did something that deserves recognition. The only recognition he deserves is that he was once again increased costs to Albertans. He implemented the 'sneaky backdoor tax increase' that was the cause of another burden to taxpayers.
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