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Wednesday, January 22, 2014

No Tax Increases In Upcoming Provincial Budget But There Are Job Cuts In Health

One thing is for sure, you won't have to worry about taxes going up in the near future. Finance Minister Blaine Higgs saying taxes aren't going up in the next budget, scheduled to come out next month. 

Kevin Lacey of the Canadian Taxpayers Federation saying while this is good news for the province,we still need to pay attention to government spending.

"There are positive signs for the future that things are going to get better, so we want to see the Finance Minister address the government's spending problem, and not just hope that a lot of the longer-term projects are going to come on and save the day for the province," he says.  

 At the same time, he says the Minister's decision is really the only option right now, and 
new projects such as the pipeline, can help drive up provincial revenue.

 He tells CHSJ News, "when you consider that someone earning sixty-thousand dollars in Saint John would pay about seventeen-hundred dollars more in taxes than someone earning the same income in Edmonton, New Brunswickers can not take anymore tax increases."

Still with the province's bottom line......Horizon Health estimates it will save half a million dollars with 8 job cuts and not filling 4 vacant positions in radiology and nuclear medicine in Saint John, Fredericton and Moncton.