Back to Basics
Canadian Taxpayers Federation's 2008 pre-budget submission to the BC government's Select Standing Committee on Finance and Government Services.
Tax and spend: that is what governments do. If done well, the economy flourishes, standards of living rise, and people become better off. If done poorly, the economy stagnates, standards of
living fall, and we become worse off. B.C. is booming because of decisions made in 2001. More recent taxing and spending decisions however, have left us facing a difficult question: will the politics of redistribution take priority over the economics of growth.
The legacy of high government spending in the 1980s, without however, tax revenue, left British Columbia with a debt we are only now beginning to reduce. Today, we have a growing consensus in support of balanced budgets, spending discipline and debt reduction.
It is time for politicians to learn to live within the means of taxpayers. Without that, we will be challenged to continue delivering the economic gains we have experienced to-date. The Canadian Taxpayers Federation's number one priority for Budget 2008 is ...
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