Reading Time: 3 minutes Or just another revenue stream for cash-strapped governments?
Tag: Newfoundland budget
Newfoundland’s pop tax is nothing more than a (hidden) tax grab
Reading Time: 3 minutes 12-pack of Coke or Pepsi will be slapped with nearly a dollar in new taxes
Newfoundland needs a legislative budget officer
Reading Time: 4 minutes While no single solution will resolve the province’s fiscal crisis, an LBO would ensure that elected officials are informed in their deliberations
Revenue wells run dry in Newfoundland and Labrador
Reading Time: 3 minutes The latest provincial budget continues a risky strategy: spending far beyond the government’s means, as the debt continues to pile up
Creditors will be chief audience for Newfoundland budget
Reading Time: 3 minutes The financial problem facing the government is so large that it will need to borrow enormous amounts over the next five years, no matter what
Newfoundland & Labrador takes wrong approach for its fiscal troubles
Reading Time: 3 minutes Budget avoids taking the necessary action to reduce and reform spending, relying on increasing taxes instead