NDP leader Lorraine Michael was once again on the defensive regarding her party’s plans to pay for its election promises by applying new taxes to the oil industry. “It’s one of the wealthiest industries in the world, and as a matter of fact, I don’t think we tax them enough,” Michael said yesterday in an interview with the CBC. “The oil industry is so large, so big, that you’re not getting people that are speculating when they’re doing their exploration. They know what they’re doing,” Michael said. The NDP has been under fire for saying it wants to add a petroleum surtax of three per cent, which is expected to turn over $68 million in revenues to pay for expanded social programs.
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They’ll pay whatever we ask, just ask the Venezuelans or the Norwegians. The question is will the local old boys get their cut then, that’s the kicker. The answer is to first GET THE MONEY OUT OF POLITICS. Just as ‘the church’ is and should be separate from politics so should it be with money. IT IS THE ANSWER WE HAVE BEEN LOOKING FOR TO MAKE THE SYSTEM WORK.
Are people really naive enough to think that in the current oil market a small little increase in taxes would be enough to make these companies throw up their hands and quit? They are desperate for the stuff, they are making record profits from it. They’ll pay it, though they’ll make every show in the world of pretending they wont, I’m sure.
its a good message. get the money out of the politics so we can run a sustainable economy. enough bullshit he said, well his was the most foul i’ve smelt.
I dont trust the NDP one bit on anything regarding business and the coffers. I also suspect that their plan to cut 25% of the small business tax may have been an attempt to attract small business owners for fundraising.
And lonewolf, if you’re going to spam every story at least say something different
It’s Time to GET MONEY OUT of politics.
Big mistake in my opinion. We got a good deal on the oil. What we need now is to encourage more projects and focus on the other parts of our economy that need support – tourism, fishing and forestry to name a few.
We have very robust social programs now. I am very concerned that we are creating an sustainable public cost structure that will bight hard in the future.
And with high unemployment amid too many jobs too fill we need to encourage work and that means higher min wages or benefits and less welfare, not more.
There is only one party that can reasonably govern our province which is sad. We need more choice.