this post was submitted on 26 Jun 2023
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Not to mention so incredibly profitable already.
It's so bizarre when we could be taxing them and using the tax money to reduce our reliance on them. Though that should have started fifty years ago.
Ah, so that was part of the plan Peter Lougheed used as a platform to wrest control of Alberta from the Socreds 50 years ago, then? I know it was an impressive plan, and I worry his party has accomplished none of its goals since then, but while I know reducing tariffs on oil exports was in the plan, I'm not sure whether taxing them provincially was part of it.
Not sure about what was going on in Alberta that long ago but I recall they toyed with the idea of not being doormats for a bit before deciding they preferred to be stepped on.
That's the thing about allowing democracy to decide what is subsidized: Everyone votes for the way things currently are, so the biggest employers and most profitable firms keep getting bigger, while the genuine startups and experimental new things are screwed over because very few people currently make a living off of them.