Thursday, June 30, 2005

$5 Billion Budget Surplus - And We Still Can't Get a Tax Break

Our tax reducation champion, John Carpay was busy crunching some numbers for us tax weary Albertans.

I think what is most bothersome is the Alberta Tories stance of fiscal conservatism, when nothing could be further from the truth. They outspend their budgets on a consistent basis and would make Jack Layton proud.

Here are a few numbers tossed out by John. Have a strong drink before you read further.

In 2000, the Tories budgeted for $16.7 billion and ended up spending $18 billion. That worked out to an extra $400/year out of your pocket (also add another $400 for every kid you have).

In 2002, the Tories budget was $18.5 billion (included was a $541 tax increase for Albertans that is still taken to this day. Don't forget your kids.... you've paid $541 more per year for them too!). Oh - but the folly doesn't stop there. Spending that year ended up $1.6 billion more than budgeted, which meant an additional tax increase of $500 per person (not per taxpayer - per person).

In 2004, those conservative spenders put forward a budget of $22.3 billion . Think they stuck to it?? Yeah - I didn't think you'd guess wrong. Ended up spending another $1.6 billion (which digs into your pocket for another $500 or $2,000 for a family of 4).

So what's the point to this? I guess for me it is to point out the real shortcomings of a gov't that professes to be conservative, but spends like the NDP. If you ever tried to manage funds this way in private enterprise, the shareholders would have punted you years ago.

For example, Albertans pay the salaries of 1,272 employees working for the Ministry of Restructuring and Government Efficiency (lmao - he must have gotten this idea from Paul Martin). That department costs $6.6 billion to run. Excuse me, but where is the efficiency in that? Remember folks, this department was just recently created.

Guess what you could have gotten for $6.6 billion - no more health care premiums (which are taxes); no more fuel or school taxes and a reduction to 3% for provincial income tax. Wow!

So now we sit with a surplus of $5 billion. So what is the NDP, er - Tories, planning on doing with it? Spending it of course! What could have been extremely helpful to Alberta families (returning a portion of surplus or abolishing health care which only comprises 3% of their annual budget)instead will leave Albertan's paying increasingly higher taxes for the biggest budget by any gov't in Canada (per capita).

Ralph says that he always get in front of the parade - wherever it's going. I strongly urge Albertans to contact their MLA or do what is needed to spread the word that NDP style spending will not be tolerated by hard working Albertans. Maybe Ralph will get in front of that parade!


Footnote: For anyone interested, the CTF also has a blog. Check it out sometime.

4 Comments:

At Thu Jun 30, 09:33:00 AM MDT, Anonymous Durward said...

Klein is a Liberal in Conservative clothing, always has been.

 
At Thu Jun 30, 05:07:00 PM MDT, Blogger Aizlynne said...

Becoming more NDP by the looks of his budgets these days. Thanks for stopping by.

 
At Fri Jul 01, 12:15:00 AM MDT, Blogger Candace said...

I'm not sure about the calculations, and am braindead so won't check out the link until tomorrow. However, AB continues to have huge surpluses due to ROYALTIES on oil & gas, not on personal taxes. At least, that was my understanding. I haven't noticed a change in my tax forms. So either I'm missing the point or the calculations are wrong OR the implication is we could have had a tax REDUCTION of $x...

but, as I said, it's late & I'm just not motivated to figure it out tonight.

But good 'made me think' post. I'm just too lazy to think about it.

 
At Fri Jul 01, 10:42:00 AM MDT, Blogger Aizlynne said...

Well at 12:15 I would be too Candace... lol.

These numbers are from John Carpay. The surplus revenue from oil is the only thing saving the Klein gov't from deficit. It's poor planning and budgeting. That was the biggest point I was getting across.

These surplus dollars aren't meant to be spent (in my opinion). It means that too much money is being collected (either by miscalculation or budgeting inefficiencies)or they are underestimating revenue and thereby collecting it from the taxpayer.

Surplus means somebody miscalculated somewhere down the line and this money belongs to Albertans.... not the Klein gov't to spend on stupid dept's such as the one mentioned in my article.

Have a good Dominion Day today chickie!

 

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