If we look at for the year ’13-14, which, really, the taxation revenue that we’re receiving this year is based on the 2012 tax year, we’re looking at a personal income tax drop of about $18 million over what we originally estimated last year, and in ’14-15, based upon that, we’re looking at a personal income tax drop of about a further $38 million. Then it should start to level off after that and we will start to see some stabilization, hopefully, but that is what we’re looking at this year, remainder of this year and for going into ’14-15.
Mr. Aumond on Committee Motion 14-17(5): Deferral Of Minerals And Petroleum Resources Activity, Defeated
In the Legislative Assembly on February 25th, 2014. See this statement in context.
Committee Motion 14-17(5): Deferral Of Minerals And Petroleum Resources Activity, Defeated
Consideration in Committee of the Whole of Bills and Other Matters
February 24th, 2014
Aumond
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