Debates of February 20, 2014 (day 15)

Date
February
20
2014
Session
17th Assembly, 5th Session
Day
15
Speaker
Members Present
Hon. Glen Abernethy, Hon. Tom Beaulieu, Ms. Bisaro, Mr. Blake, Mr. Bouchard, Mr. Bromley, Mr. Dolynny, Mrs. Groenewegen, Mr. Hawkins, Hon. Jackie Jacobson, Hon. Jackson Lafferty, Hon. Bob McLeod, Hon. Robert McLeod, Mr. Menicoche, Hon. Michael Miltenberger, Mr. Moses, Mr. Nadli, Hon. David Ramsay, Mr. Yakeleya
Topics
Statements

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.

Speaker: MR. SPEAKER

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.

Speaker: MR. SPEAKER

Thank you, Mr. Miltenberger. The honourable Member for Inuvik Boot Lake, Mr. Moses.