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NDP: Who is advising Prentice on corporate taxes?
Posted on April 15, 2015 by Taber TimesPoll
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Jim Prentice’s adviser on corporate tax policy is Jack Mintz. But can Albertans trust what he has to say about corporate taxes?
Here are the facts:
1. Jack Mintz sits on the board of directors of Imperial Oil, and received total compensation of $263,971 last year in that capacity alone.
2. Jack Mintz holds a total of 27,985 total common shares, deferred shares and restricted stock units in Imperial Oil.
3. The market value of Jack Mintz’s total holdings in Imperial Oil is a staggering $1,391,974.
The PCs have been pushing his views on corporate taxes, trying to convince Albertans that they are wrong about wanting corporations to pay their fair share. That view – that corporate taxes should increase – is shared by almost 70% of Albertans according to the PC’s own budget survey.
Jack Mintz has appeared in print and radio, his comments heavily praised by PC candidates like Manmeet Bhullar and PC insiders like Mike Storeshaw.
Who benefits when corporations get tax breaks on their profits? Jack Mintz. Whether or not Jack Mintz should be advising Jim Prentice on corporate taxes is clearly questionable.
The lesson here: Jim Prentice will always listen to big oil before he listens to Albertans.
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