Neufundland gibt Danielle Smiths Aufruf zur Behebung der Ausgleich wider
https://nationalpost.com/news/canada/newfoundland-echoes-danielle-smiths-call-to-fix-equalization
Neufundland gibt Danielle Smiths Aufruf zur Behebung der Ausgleich wider
https://nationalpost.com/news/canada/newfoundland-echoes-danielle-smiths-call-to-fix-equalization
4 Kommentare
Why do conservatives hate oil-rich provinces so much?
When the CPC rewrote the equalization formula, they clearly targeted Alberta and others. Why does the CPC hate these people so much and force them to give all their money to Quebec?
Ahh the good old **politicians don’t understand how the government works!** song and dance…
1. Provinces DO NOT transfer money from one another!
2. Equalization is based on the calculation for how much revenue each province **could generate**;
3. If your province is below the per capita national average fiscal capacity then your province is considered to be a „Have-Not“ province, thus you get Equalization funds to bring you up to the national average;
4. Provinces who meet or exceed the national average **DO NOT** pay anything to anyone else. They simply do not receive any Equalization funds since they’re doing better than average;
5. Equalization Funds come from Federal Taxes;
**Provinces that are below the per capita national average:**
Manitoba, New Brunswick, Nova Scotia, Prince Edward Island, and Quebec.
Note: Quebec is considered a Have-Not province because it has lower average personal incomes and fewer high-income earners than provinces like Alberta, Ontario, or B.C.
Newfoundland is considered to be a Have province because of their extensive off-shore oil and gas revenues and their relatively small population. Since these are calculated on a per capita basis, Newfoundland is CAPABLE of raising large amounts of revenue with a smaller population.
Provinces don’t pay taxes. People pay taxes and we all use the same federal tax table. If you earn above average some of your tax dollars go towards Equalization no matter where you live. That’s the maths. Taking exception to that means you aren’t interested in helping people in other regions. To each his own, I guess but telling someone they don’t deserve the same level of federal services because they live in Ontario is just mean
Does the formula need an update? Probably, but this isn’t about that. It’s just the usual post-election whinging
The whole concept is a mirage based on the idea that a province entirely owns your income tax, regardless of where you live.