The plan for lower taxes in New Brunswick, 2009-2012 : Plan de réduction des impôts au Nouveau-Brunswick 2009-2012

The tax savings outlined in the 2009-2010 Budget amount Combined with the long-term benefits, the timing of The to $380 million annually by 2012-2013, with more than Plan for Lower Taxes has the benefit of being another form $143 million going back into the pockets of New Brunswick of economic stimulus during these challenging economic individuals and businesses in fiscal 2009-2010 alone. [...] The lower taxes provided in this Budget will help New Brunswickers keep more of their hard-earned dollars These lower taxes allow New Brunswickers to keep more and help maintain existing jobs and create new jobs in the of their income, help grow the economy and the tax base, province. [...] In addition to the above measures, the government will introduce an incentive for the energy sector to help encourage growth in this critical component of the economy. [...] However, in order to gain access to the revenues from assessment base growth exceeding inflation and new construction, municipalities or the Province will need to put any proposed tax increases forward publicly, and to a vote by either municipal council or, in the case of the Province, a vote in the Legislature. [...] The first step in the accountability mechanism is to establish the components of the assessment base for each municipality and the Province.