The Canadian Taxpayers Federation calls the recent provincial budget a missed opportunity to cut taxes and end the growing debt.
This advertisement has not loaded yet, but your article continues below.Now, because the government refused to cut back, Saskatchewanians are going to be stuck with the bill for interest payments well into the future.
Interest payments on the taxpayer-supported debt will be $708 million this year. That’s costing every single Saskatchewanian an average of $587 every year. That money is going to be completely wasted and can’t be used for tax cuts or programs.Despite the surplus, the government is also failing to provide any sort of tax relief. Unless you count a new PST exemption on rice farming boats.
Alberta, Ontario and Newfoundland and Labrador all recently cut gas taxes. Drivers in Alberta will be saving up to $440 this year, In Ontario, a family will see $195 in savings. And in Newfoundland and Labrador the average two-car family can $475 expect in savings. Manitoba, Quebec, and New Brunswick also recently cut income taxes. In Manitoba, the cut will save an individual up to $524 in 2023. Taxpayers in Quebec will save up to $814, and those in New Brunswick will see an $310 lighter tax bill.The opposition Saskatchewan NDP is calling for the government to“Adding the PST to construction labour was a mistake from day one and it’s the epitome of a job-killing tax,” said NDP MLA Trent Wotherspoon.
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