Quote:
Originally Posted by Bunk
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.
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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.