@MargTokar
Katy E
4 months
Smoke and Mirrors Smith claims that Norway is now self sustainable on the interest of its “Heritage Fund”…accumulated from O&G taxes. Yes…it is SHE NEGLECTS TO TELL YOU THAT NORWAY TAXES O&G…wait for it… 78% Yes…78% Let’s do THAT, @Alberta_UCP
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@rodmaldaner
Rod
4 months
@MargTokar @Alberta_UCP And they likely didn’t withdraw from it at the rate Alberta premiers did. There is a reason it’s worth $2.04 TRILLION.
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@MargTokar
Katy E
4 months
@rodmaldaner @Alberta_UCP A lot easier to build it up with taxes at 78%. Meanwhile UCP keep CUTTING O&G taxes and giving them our royalties to clean up. Pretty easy to see how the Cons got us here.
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@Cdn_Dissident
Kon Stolz
4 months
@MargTokar @Alberta_UCP Most of the tar sands wouldn't have been produced if taxation was that high and there wasn't massive subsidies.
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@MargTokar
Katy E
4 months
@Cdn_Dissident @Alberta_UCP Why? Maybe the Cons shouldn’t have continued to give away our royalties over the decades. Norway gets 78%. We get 8%. AND we pay their cleanup. Cons got taken. Hugely.
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@solstice1157
notabot
4 months
@MargTokar @Alberta_UCP Albertans have been totally screwed by cons. We gave away our oil for a pittance and now we have to pay to clean up the mess. This fact alone should end con rule in Alberta but is doesn't and it won't because...aarrrrrgg!
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@AB_Parent2
Vicky.
4 months
@MargTokar @Alberta_UCP They followed Lougheed’s plan.
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@Jaxpuddy
Erin👠 👠🐝🤷‍♀️🐝🌊🌊🌊
4 months
@MargTokar @Alberta_UCP 1.6trillion in their heritage trust fund equivalent. For generations Alberta has been giving away our natural resources.
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@crittercottab
Marni Dlin
4 months
@MargTokar @Alberta_UCP And that their socialist system actually works. No homeless people, great health care, free education. Not like this place.
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@Nana4031659
Laurel
4 months
@MargTokar @Alberta_UCP ABSOLUTELY! Sounds like a GREAT IDEA! But she WONT! Instead the UCP/TBA are, Using the PUBLIC SECTOR FUNDING, given to AB, for ESSENTIAL SERVICES, by the Federal Government, are NOT GETTING, to the, PUBLIC ESSENTIAL SERVICES Smith is using PUBLIC $ for PRIVATIZATION! WTF AB?
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@TonieDurante
Laptop Lefty Urbanite
4 months
@MargTokar @Alberta_UCP Funny how the cons always leave those small details out of their conversation.
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@strong7381
NeptuneIsStrong
4 months
@MargTokar @Alberta_UCP WTF?!?! The Heritage Fund established in 1976, Peter Lougheed established the fund to finance economic diversification and cultural and social development in the province. 1976!!!!! It has been mismanaged by CONSERVATIVES for over 40 years!!!!!!! @ABDanielleSmith
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@SharonASR
Sword&Shield 🇨🇦🌻🇺🇦
4 months
@MargTokar @Alberta_UCP Typical Marlaina PantsOnFire. Provides only the details that suit her mission while forgetting to include the math that doesn’t work.
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@donaldpwalker
dwalker
4 months
@MargTokar @Alberta_UCP Wanna bet O&G companies in Norway also have to clean-up their own pollution messes?
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@dianesbaker1
Diane S. Baker
4 months
@MargTokar @Alberta_UCP Norway population is 5.8m. GDP is $482b.
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@wrecker44
Casey the M
4 months
@MargTokar @Alberta_UCP Citing Norway lol. Which is one of the most socialist nations on earth. The UCP is such joke
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@retiredbeachguy
CanadianGuy
4 months
@MargTokar @Alberta_UCP You forgot to mention that Alberta conservatives have spent all of their Heritage Fund which Norway successfully copied & have appropriately grown to a very big number. Alberta would rather not save for a rainy day, knowing the evil & handy federal government would bail them out
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@TheMorrigan47
PaulaTheMorrigan. #ABResistance #DumpDanielle
4 months
@MargTokar @Alberta_UCP And all the taxes collected by the govt of Norway goes into satisfactory funding of public services. Common wealth for the common good. @ABDanielleSmith would rather choke than properly fund public services. STOP THE UCP!
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@beachmagoo
David Blain 🇨🇦🗳🇺🇦
4 months
@MargTokar @Alberta_UCP Alberta taxes are the lowest in Canada by $20 - $30 billion/year. With tax rates like other provinces Alberta can significantly increase the Heritage Fund & embrace world 🌎 class healthcare & eduction systems. Without it Albertans are doomed to poor services. #ableg #abpoli
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@gudjeon
A nonimouse
4 months
@MargTokar @Alberta_UCP Norway got the idea from when Alberta used to have a legacy fund to ride out low oil prices.
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@pugscanfly
Maurice Pelletier
4 months
@MargTokar @Alberta_UCP “The fund was established in 1976 accruing 30 per cent of provincial non-renewable resource revenues, which was subsequently lowered to 15 per cent in 1983 and eliminated in 1987.” Imagine what the fund would be worth now had the PCs had not screwed with it!
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