Mr. Speaker, the initial payroll tax was established at 1 per cent. Once you paid out the cost of living tax credit to Northerners, the net was very small indeed. Going to 2 per cent has netted the Government of the Northwest Territories more revenue on the general revenue side, and as we would highlight in our budget — I don’t have the specific numbers at this time, but we’ll get that — I know it has increased. There is a more substantial amount that does remain with the Government of the Northwest Territories.
Floyd Roland on Question 354-16(2) Impact Of Payroll Tax On The Cost Of Living
In the Legislative Assembly on June 17th, 2008. See this statement in context.
Question 354-16(2) Impact Of Payroll Tax On The Cost Of Living
Oral Questions
June 16th, 2008
Inuvik Boot Lake
See context to find out what was said next.