I see a lot of people have their knickers in a twist over the temporary taxpayer subsidy recently introduced in BC.
For all those ranting about their tax money being used to fund parties they didn't vote for - you are totally wrong and trying to justify a system of buying politicians that was in place in BC.
Do you think all those corporations were donating to the BC Liberals because they never expected anything in return? And boy, were they rewarded. And did you not notice those donations were tax deuctable? If that isn't a subsidy all of us pay, what is? I never understood why a donation to politicals parties got a better tax break than donations to charities.
The new subsidy is applied per vote received in the last election. No votes - no money. If you voted Liberal in the last election, they'll be getting your donation of $2.50. And indviduals can still donate up to $1200 (I still think that's too high). I'm not sure if that amount is still deductable from taxes. It probably is, but at least the amount has been chiseled down.
I personally don't see the need of the transition funds, but at least they are due to go down every year and then (hopefully) be removed.
In any case, it is still much better than the wide-open, corrupt sytem we had.
For all those ranting about their tax money being used to fund parties they didn't vote for - you are totally wrong and trying to justify a system of buying politicians that was in place in BC.
Do you think all those corporations were donating to the BC Liberals because they never expected anything in return? And boy, were they rewarded. And did you not notice those donations were tax deuctable? If that isn't a subsidy all of us pay, what is? I never understood why a donation to politicals parties got a better tax break than donations to charities.
The new subsidy is applied per vote received in the last election. No votes - no money. If you voted Liberal in the last election, they'll be getting your donation of $2.50. And indviduals can still donate up to $1200 (I still think that's too high). I'm not sure if that amount is still deductable from taxes. It probably is, but at least the amount has been chiseled down.
I personally don't see the need of the transition funds, but at least they are due to go down every year and then (hopefully) be removed.
In any case, it is still much better than the wide-open, corrupt sytem we had.






