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Old 03-05-2015, 12:02 PM   #53
GGG
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Join Date: Aug 2008
Location: California
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I hope conservatives actually have the balls to create a 10 year plan to ween us off of Oil and Gas Revenues completely.

All oil and gas revenues should be put into savings and we should live off the interest. Since this is the lowest oil revenues have been in a while balance the budget based on current oil revenues and put any revenue as the price improves into the heritage fund.

Then over the next 10 years ween yourself of that amount. It likely means a PST, but after 10 to 15 years of not using oil revenue the interest in the fund will be worth more than oil is today.

So I hope this budget raises taxes, creates legislation on the maximum amount of dollars the budget recieves from oil money, freezes raises for a year or two and cuts 5% from all departments.

I want a real 10 year fiscal plan that eliminates reliance on oil revenue while maintaining important services that is funded through appropriate taxation.
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