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  • 标题:Fiscal Policy Trends: Who will pay the interest on Alberta’s public debt?
  • 本地全文:下载
  • 作者:Philip Bazel ; Daria Crisan ; Bev Dahlby
  • 期刊名称:The School of Public Policy Publications
  • 印刷版ISSN:2560-8312
  • 电子版ISSN:2560-8320
  • 出版年度:2018
  • 卷号:11
  • 页码:1-2
  • DOI:10.11575/sppp.v11i0.52822
  • 出版社:University of Calgary
  • 摘要:William Lyon Mackenzie King, Canada’s 10th Prime Minister, used to say “Today’s promises are tomorrow’s taxes”. A more up-to-date version would be “Today’s deficits are tomorrow’s taxes.” Alberta’s governments began running deficits in 2008-09 and the NDP government only plans to balance the provincial budget in five years’ time. By then, Alberta’s public debt will have risen to about $90 billion with annual interest payments of $3.8 billion in 2023-24.1 Who will pay the taxes to pay the interest on Alberta’s public debt? — Future taxpayers.
  • 其他摘要:William Lyon Mackenzie King, Canada’s 10th Prime Minister, used to say “Today’s promises are tomorrow’s taxes”. A more up-to-date version would be “Today’s deficits are tomorrow’s taxes.” Alberta’s governments began running deficits in 2008-09 and the NDP government only plans to balance the provincial budget in five years’ time. By then, Alberta’s public debt will have risen to about $90 billion with annual interest payments of $3.8 billion in 2023-24.1 Who will pay the taxes to pay the interest on Alberta’s public debt? — Future taxpayers.
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