The Canadian Taxpayers Federation has found some high's and low's in Thursdays Provincial Budget.

CTF Alberta Director Paige MacPherson says wracking up a $10.4 billion deficit is bad news for taxpayers for the simple fact that paying a billion dollars next year to service that debt, and two billion dollars a year in three years, is using money that could be better spent elsewhere.

"What that means is that instead of hiring, let's say, 20-thousand teachers with that two billion dollars, we're really going no value at all for that money as it just goes to sort of make the minimum payment on our debt. So I think that's a bad news piece of the budget."

One of the highlights the Government is touting from the budget is Alberta continues to have the lowest overall taxes in Canada.

MacPherson believes that won't last for long, if current spending plans remain in place.

"We weren't carrying the big debt load of many other Provinces. We're going down the road of ramping up our debt, We're going down the road of ramping up our debt interest payments, carrying massive deficits with no credible plan to pay off the debt, and no credible plan to balance the budget. So while we do have a relatively lower tax burden now. We're certainly heading in the direction of a potentially higher tax burden down the road."

She says the small business tax cut from three to two-percent is a good idea, as is not adding a sales tax.

However she says any cuts are one time only, while taxes, like the carbon tax will continue to increase over time.