Debates of February 20, 2014 (day 15)
QUESTION 151-17(5): 2014-2015 TAX REVENUE
Thank you, Mr. Speaker. I would like to ask some questions of the Minister of Finance today. I’d like to try to make some sense of the budget numbers that we’ve been given. I’d like to try to make some sense of the answers the Minister gave me and Mr. Dolynny yesterday. I’m hearing mixed messages. I’m trying desperately to understand what the Minister is telling me.
I would like to refer the Minister again to page 5-9 of the budget, the revenue summary under the Department of Finance specifically to the personal income and the corporate income tax numbers. It’s about $158 million estimated for the 2014-15 budget year. The 2013-14 budget estimates slightly more in revenues; it’s about $165 million.
The Minister, yesterday, stated personal income tax and corporate income tax revenues will be about $30 million short, and he said that in the budget address. So my first question to the Minister is to ask the Minister to please tell me in dollars, how much personal income tax and corporate income tax revenues are expected for the 2014-15 budget, and please include the anticipated loss of $30 million. Thank you.
Thank you, Ms. Bisaro. The honourable Minister of Finance, Mr. Miltenberger.
Thank you, Mr. Speaker. That sounds like a written question to me, so I’ll take it as notice. Thank you.
Thank you, Mr. Miltenberger. The honourable Member for Inuvik Boot Lake, Mr. Moses.