The Canadian Taxpayers Federation says, on the cusp of this year’s provincial budget, that Saskatchewan is spending too much and racking up debt.

Prior to the budget being released Wednesday afternoon the CTF has outlined its suggestions for the province’s financial blueprint which includes completely eliminating the small business tax.

The CTF contends that it will make life more affordable and grow the economy allowing businesses to deal with economic troubles and expand their operations. They tabulate that permanently cutting the small business tax rate to zero would result in $56 million in savings for small business.

The Federation proposes that the government eliminate the wage gap between the government and the private sector which would not only promote fairness but would provide $406 million in savings that could be used to finance tax relief and pay down debt.

In addition, they advise the provincial government to establish a non-renewable resources heritage fund as a plan to pay down the debt and save for the future

The CTF also says that from 2008 to 2021, the Government of Saskatchewan spent $15.7 billion on what it terms as “corporate welfare” or average of $1.1 billion spent each year on subsidies for corporations.

The budget will be delivered at approximately 2:15 p.m. Wednesday afternoon.