● EP-BC Home About  Issues & Petitions  TaxCap Testimonials News  Reference Meetings Members


TaxCap Home

magna.htm
BC Spending, TaxCap Ratio
canratio.htm
mxfilerelatedcache.mxc2
scoresheets.htm
TAXCAP SUMMARY
TAXCAP - BC Conservative Party
tc_bcgov.htm
tc_hist.htm
tc_links.htm
tc_media.htm
tc_pub.htm
tc_word.htm
whatsnew.htm


Links

Newspaper articles and editorials re: "TAXCAP"

The Canadian Single Tax web site
Canadians for Direct Democracy


B. C. GOVERNMENT response to "TAXCAP"
A paper on "TAXCAP" (if you are having trouble sleeping)

WHAT'S NEW with CANADIAN TAX LIMIT Legislation?
PUBLICATIONS re: TAX LIMITS  
B. C. CONSERVATIVE PARTY POLICY ON "TAXCAP" 

784 years ago THE MAGNA CARTA(1215)
310 years ago THE DECLARATION OF RIGHTS (1689)

 

The "TAXCAP" Home Page


TaxCap Recap

TaxCap guru Peter MacDonald has provided the following synopsis of what TaxCap proposes:

During each Election each Party should be expected to bid to the Electorate the Cost of Annual Expenses of their Government should they win the Election, and that.Bid must be expressed as a percentage of a past year's Gross Domestic Product (GDP).  The terms here used are for a National Government, but the principles work for any Government, Governmental body or Ministry.

Should the successful Candidate for Government exceed their party's TaxCap without new Consent of the Electorate, an Election will be triggered.

Peter M reminds us that Government Income can only be derived from three sources: {Taxes, Borrowing, and Printing Money}.  He notes that Borrowing is "Taxing the Unborn".  We have already noted that Printing Money is immediate theft by the Printer of the Currency from the pockets of all those holding existing Currency notes, and would be called Counterfeiting if it wasn't being done with the prerequisite co-opting of the indebted Government. See Bear Sterns  Takeover  by Federal Reserve Partner, JP Morgan 

To be grounded in reality, a Currency has to be a proxy or share of something of intrinsic value.  In view of the dangers of returning to the Gold Standard -  the gold in Fort Knox has already been confiscated by Foreign Lenders to collateralize the US National Debt - the  use of a past year's Gross Domestic Product (GDP) as a base by which to normalize the incomprehensible numbers in a National Budget offers a great deal of service to every thinking person.

Had TaxCap been in place thirty years ago, Liberal PM Pierre Trudeau and his Assigns would never have been able to drag Canadians into the morass of Debt we have yet to get our Country out of, and we would not be being interfered with  in our own Self Government by Foreign Lenders ..  For more, see TaxCap

From the desk of Peter MacDonald

Many people seem to agree, our system of government needs some overhauling. The purpose of this site is to draw your attention to some ideas which I think are worth consideration. If enough people want these changes to happen, then they will, for politicians follow the wishes of the people. But if you do nothing then nothing will happen. Enough said.  If you know of other sites which contain constructive ideas and should be added to this list, please let me know.  So, what is TAXCAP? 

"TaxCap" is a method of limiting Government Spending and Taxes, to make governments fiscally accountable in absolute terms on penalty of triggering an Election..  A "TaxCap" system will work at the Federal, City, or Provincial Level

The TaxCap Ratio is defined as the Total Government spending expressed as a percentage of a specified past year's Gross Domestic Product, likely that of the the year immediately prior to the Election.

Of all of the editorials and articles written , Noel Wright summed TAXCAP up the best...here are some of his comments.

"TAXCAP would set the maximum allowable taxation plus borrowing (i.e., deferred taxation) as a percentage of the Gross Provincial Product -- the value of all goods and services produced in the province.

It would be set either by regular referendums or in accordance with the promise of the winning party at the last election. It would be written into the Constitution, which would require any government exceeding its TAXCAP percentage to resign immediately and call a new election......"  

Noel Wright, North Shore News, April 20, 1997

Here are some others

"The taxes they choose"......that people should be asked directly the level of taxes they are willing to support, and that total spending should be adjusted to meet this figure, not the other way around -- is a sound one."

GLOBE & MAIL - Editorial,  January 12, 1994

"The best economic ideas are the simplest, like Macdonald's. They cut through complicated theory to a solution that works...."

"The tax limit proposal must be adopted - at the federal, provincial and municipal levels."

"Reining in tax increases", THE FINANCIAL POST  Editorial (January 13, 1994)

If you agree with the material presented in this Website
Write to your MP and MLA

Send a letter to The Editor of the local newspaper
Call a radio talk show host Post a message on a newsgroup

Setup up a WEB Page
And say you support "TAXCAP" 
Updated March 14, 1999
E-mail Peter B. Macdonald
This Web Site is LOCATED IN VANCOUVER, B. C. CANADA

Peter MacDonald,
former President of the BC Conservative Party

THE WORDING OF TAXCAP -THE official DOCUMENT

AN EXECUTIVE SUMMARY - for you executive types

Hit Counter

our first award - From "Enter Stage Right"
April 8, 1999

The Canadian Single Tax web site
The Canadian System Reform Group of Web Sites.
Canadians for Direct Democracy

HISTORICAL GOVERNMENT SPENDING as % of GDP

CANADA - 1968/9 to 1993/4
BRITISH COLUMBIA - 1960/1 to 1993/4

Compare Alberta to British Columbia

"TAXCAP", Noel Wright, THE NORTH SHORE NEWS, 1997-04-20

"Peter's purse-string principles" PURSE strings are the only leash strong enough to control government, says a man who is arguably one of the best opposition leaders B.C. never yet had.

Meet Vancouver entrepreneur Peter Macdonald who stepped down this weekend after five years as leader of the longtime seatless B.C. Conservative Party. Not exactly the kind of job that wins you instant political fame. But Peter brought to it a pragmatic approach that had much more to do with political realities than with Tory ideology.

Following Social Credit's ignominious collapse he found himself appalled by the prospect of 60% or more of badly divided anti-socialist voters being indefinitely subjugated to 40% or less of united NDP supporters. Nothing new in that sentiment, of course. Peter, however, started doing something about it in two highly practical ways, one of which could one day become his lasting legacy to B.C. -- and to Canada itself.

Surveying the squabbling Liberals, the handful of rebel Reformers and the death watch Socreds, he conceived the also moribund B.C. Tories -- whose political noses were currently at least cleaner than any of the others -- as a catalyst for uniting B.C.'s antisocialist majority. To this end he held a series of monthly "Conservative Forums" to which all and sundry on the right and centre of the B.C. political spectrum were invited.
Alone, Liberal leader Gordon Campbell shunned these anti-socialist brainstorming sessions.

The ultimate unity goal was not reached during Peter's watch, of course. But when it finally is, the seeds he sowed during the mid-'90s should not go unrecognized. Peter Macdonald's big ace-in-the-hole, however, puts him in a political class of his own. He is the inventor of TAXCAP, a policy giving voters complete control over government's use of their money -- and, by extension, over how government uses (or misuses) that money. It is also beautiful in its simplicity. Here's how it works.

TAXCAP would set the maximum allowable taxation plus borrowing (i.e., deferred taxation) as a percentage of the Gross Provincial Product -- the value of all goods and services produced in the province. It would be set either by regular referendums or in accordance with the promise of the winning party at the last election. It would be written into the Constitution, which would require any government exceeding its TAXCAP percentage to resign immediately and call a new election.
In 1969 the B.C. tax-to-GPP ratio was 11.5%. Today it's over 21%. Peter calls for it to be reduced, as an initial target, to 15%.

In short, politicians raised on the spend-and-be-damned system would be dragged, kicking and screaming, into a world where voters who pay the piper call the tune -- not every four or five years, but every day.

But although TAXCAP is primarily about saving you tax dollars, Peter points out other beneficial effects. With government forced to watch every single dollar daily, it is much less likely to squander money on its own ideological agenda -- including such things as the pork-barrel funding of political supporters and the iniquitous threat to free speech launched via the NDP's "Human Rights Commission."

In short, TAXCAP -- at both the provincial and national levels -- would return control to the voters far in excess of anything referendum and recall legislation could provide.

No wonder no establishment politicians even want to think about TAXCAP...


     
Copyright 2002  equalparenting-bc.ca 

 

    Disclaimer: EqualParenting-BC.Ca encourages  exercising democratic rights such as the freedom of expression, but does not by association or reference to other materials condone or sanction violence or hatred.