Taxpayers Federation Pans Provincial Government's Options To Raise Revenue And Cut Costs

Posted on Monday, November 30, 2015 12:56 PM

The Canadian Taxpayers Federation says the provincial government should stop giving companies tax dollars to set up shop in the province.

The Federation's Atlantic Director Kevin Lacey says that option is not on the table but it should be because what's up for consideration will hit taxpayers in the province hard and when taxes are raised, jobs are killed.

According to the People's Alliance Party, the province spends over 300 million dollars a year to fund private business and that doesn't include the tens of millions of dollars in energy subsidies and property tax breaks for big business.

The provincial Conservatives also question the need for the government to have a 150 million dollar contingency fund which they charge is more like a Liberal slush fund.