The first order of business for a re-elected UCP government would be the Taxpayer Protection Amendment Act, or Bill 1, Danielle Smith vowed in Calgary Wednesday.
Speaking at a media availability, Smith said the legislation would ensure no government would be able to increase personal taxes or “taxes on job creators” without a referendum. She said it would expand on the Act’s present protections against a provincial sales tax.
In response to a question, she said it means moving ahead with a new tax bracket for those making less than $60,000 per year — which would save families up to $1,500 per working couple while saving everyone else about 20% on their tax bills. Bill 1 would also maintain the corporate tax rate of 8%. NDP leader Rachel Notley has proposed raising it to 11% or some 38% to fund her platform.
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