Thursday, May 1, 2008

Ontario wanting to become have-not?

Do I believe it is inevitable that our province will become a have-not? No. I think the first thing the province should to is give everyone a rebate for any capital gains tax that was paid federally and then flatten income taxes completely. In the meantime, it could get rid of marketing boards, liquor boards and everything else that distorts, twists and oppresses our economy and makes it less profitable, efficient and job full. Go and unleash this economy.
Ontario has all sorts of natural trade and commerce advantages. Take advantage of them. Take the lead on opening up the province for trade with the rest of the country. Unilaterally remove all barriers to trade. Fight hard for the single market for commodities and stocks and, above all, take away the burdens on the economy of government overspending, the monopolization of health and education and subsidy of money-losing businesses. Get rid of regulations and costs that make good businesses run away.
Tell the mayor of Toronto to implement his own commission’s recommendations about how to make Toronto more efficient before either the province or the city goes to Ottawa to beg for assistance. Get your house in order.
There is no way or reason why our province should ever be have-not. Give it the chance to go out there and work.
This might be an agenda for the Conservative Party of Ontario if it is interested.

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