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Old 01-22-2015, 12:52 PM   #273
Jacks
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Originally Posted by Bunk View Post
Belt tighten to be sure, but we could easily close a $6-$7 billion revenue gap and still be by far the lowest taxed jurisdiction. We could then use royalties and other non-renewable resource revenue for what it should be - paying down any debt, savings, advancing capital projects strategically, and investing in long term economic diversification.
The PC's have given us no reason to believe that if they get more money that they will save it rather than spend it. We had a savings (sustainablility) fund recently which they completely mowed through when they were bringing in record revenues. If resource revenues were being directly funneled into the Heritage Fund I would have no problem with paying more in taxes, problem is I don't trust them to be fiscally responsible. Clean up the spending first, bring forward a solid saving plan, make it a law requiring a referendum to spend any savings, I don't even mind if they funnel off a portion of the returns to general revenue. After that I'll whole heartedly support increased taxes if needed.
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