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A Few Things You Need to Know About the Sask Party's Election Year Budget

A Few Things You Need to Know About the Sask Party's Election Year Budget

And a few more they're trying real hard to keep from you.

Tammy Robert's avatar
Tammy Robert
Mar 25, 2024
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Even I’m surprised at how lacklustre and pointless last week’s budget exercise was in Saskatchewan.

Perhaps, like me, you expected at least something would have been included to suggest the Sask Party might feel courting your vote was a priority this year.

Or any votes.

Apparently not.

In fact, the Sask Party is so overconfident in its upcoming election win that, while their corporate donors will pay much, much less,

“Corporation Income Tax revenue is budgeted at $1.2 billion, a decrease of $615.9 million (33.7 per cent) from the 2023-24 Budget…” - Saskatchewan Provincial Budget 2024-25 pg 42

the individual will be paying even more taxes in the coming fiscal year:

“Individual Income Tax revenue is forecast to increase $203.5 million (6.6 per cent) from the 2023-24 Budget…” - Saskatchewan Provincial Budget 2024-25 pg 43

What could possibly be the reason the Sask Party predicts a drop of 33% in corporate tax revenue over last year, but an increase of 6.6% in revenue from individual taxpayers?

According to page 42 of their budget document, the decline over the previous year is due to a “record amount received in 2023-24 resulting from robust economic growth and elevated commodity prices, including a record high potash price in the 2022 taxation year.”

Saskatchewan is broke AF, with the same quality public services as a poorly-developing third world country, yet enjoyed a “record amount” of corporate taxation revenue last year, apparently.

I dunno guys… could it be that some really shitty, incompetent people are managing that revenue on your behalf?

Further, how and why did Saskatchewan run a half a billion dollar deficit in the same year it took in "record amount” of corporate tax revenue?

Such a mystery.

This kind of research, history and information is not being provided to Saskatchewan residents by today’s media outlets. To access all of my content and support my work, which I do alone, please consider upgrading to a paid subscription. It’s worth your time and money, I promise.

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