CP NewsAlert Alberta introduces bill to hike taxes on corporations and wealthy

EDMONTON – The Alberta government has introduced a bill to increase the corporate tax rate and boost taxes on the wealthy.Finance Minister Joe Ceci says the bill proposes to change the tax rate on corporations to 12 per cent from 10 per cent starting July 1.It also calls for higher taxes for Albertans making over $125,000 on a five-point sliding scale.Ceci has said the changes would affect only the top seven per cent of tax filers.The bill fulfils promises the NDP made in the May 5 election campaign.The Opposition Wildrose party has said the NDP should not be hiking taxes until it has reviewed government spending to see if it can find savings there. The Alberta government has introduced a bill to increase the corporate tax rate and boost taxes on the wealthy. Finance Minister Joe Ceci says the bill proposes to change the tax rate on corporations to 12 per cent from 10 per cent starting July 1. Ceci is shown arriving for a cabinet meeting in Calgary, Alta., Thursday, May 28, 2015.THE CANADIAN PRESS/Jeff McIntosh by The Canadian Press Posted Jun 18, 2015 3:27 pm MDT Last Updated Jun 18, 2015 at 4:02 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email CP NewsAlert: Alberta introduces bill to hike taxes on corporations and wealthy

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