Dana Larsen: Eliminate BC’s Deficit by Reversing Corporate Tax Cuts and Taxing Super-Rich

CANNABIS CULTURE – BC NDP Leadership candidate Dana Larsen, a prominent marijuana activist and former editor of Cannabis Culture, announced a plan today to address British Columbia’s structural deficits and increasing income inequality.

[Note: These policy proposals do not represent the opinions of Marc Emery, Jodie Emery, or Cannabis Culture Magazine. Dana Larsen is not an employee of Cannabis Culture.]

The plan would eliminate the deficit and increase education funding without raising taxes on the vast majority of British Columbians.

“Campbell’s corporate tax giveaways since 2001 have failed to increase corporate investment in BC,” Larsen said. “Instead they’ve just massively increased corporate profits and decreased revenue available for program spending. Meanwhile, we have the richest 1% paying less tax than the poorest 10%, while at the same time the income gains of the past 40 years have overwhelmingly favoured the rich. This situation is not sustainable.”

“I propose we return corporate tax rates to the 2001 levels of 16.5%,” said Larsen. “This will by itself nearly eliminate our deficit, leading to an increase in investment and job creation in our province.”

“Beyond that, I advocate raising taxes on the top 0.6% of our society, that is people earning more than $250,000 per year. Currently the top tax bracket is 14.7% on annual income over $100,000. I propose we institute a new tax bracket for income over $250,000 and set that rate at 26%.”

“This modest tax increase on the richest British Columbians will be used to generate enough revenue to meaningfully expand per student funding in British Columbia. This will result in greater economic prosperity and equality for the future of our province.”

Larsen pointed to overwhelming data from Canada, the US, and the European Union showing that tax cuts or increases on corporations and the wealthy have less of an effect on investment and job creation than previously believed. Further, when the resulting revenue is invested in things like education, the benefits to government and the economy outweigh the costs of the taxes.

“We as a society have to ask ourselves”, Lasen said, “is it appropriate to cut taxes on the rich, reduce funding for education, and force future generations to pay for it? How can we look our children in the eye and tell them a few extra dollars for the top 0.6% of our society is more important than their education? We must deal with these tough decisions today, not force our children to clean up our mess tomorrow.”

Larsen has made a series of campaign promises in recent weeks, including plans to make the Vancouver SkyTrain free for all passengers, to put warning labels and tax sugar-filled beverages, and to decriminalize and unionize Vancouver’s sex trade.

Larsen has also promised, if elected, to end the war on marijuana in British Columbia. Since announcing his candidacy in late December, he has received endorsements from marijuana icon Tommy Chong and pot-puffing pro wrestler Rob Van Dam.

Go to VoteDana.ca to find out how you can help Dana Larsen become leader of the BC NDP. Watch videos from Dana’s campaign on YouTube.



  1. Anonymous on

    The 11% tax increase is only for income over the first $250,000. So the increase for someone who earns $300,000 a year would be only $5000. This represents the top 0.6% of incomes in BC. Someone who earned a million dollars a year would be paying an additional $75,000.

    If you are earning less than about $130 an hour then this tax increase would not be affecting you!

  2. Anonymous on

    I think he is right tax large corporations. They will stay in Canada if everyone did it. Give the money back to the poor. Spread the income that’s what needs to happen. Narrow the social gap. being smart and driven is not enough anymore, people have already beat you to the punch. It is time to stand up and say we want back our money that 10% of the pop’l own.

    GOOD JOB I would vote for you EASY.

    These other posts most be getting paid or they are stupid!!!!!!

    Power to the People

  3. mtnlionco on

    Dana thanks for proving that taking psychedelic drugs won’t automatically make you smart.

  4. Brad Dean on


    I love what you do man but do you honestly think you’re going to pull in any advantageous votes by being such a left-leaner? The rich white protestants that control everything in this country are shuddering at some of your policies I’m sure. Legalizing drugs is comprehensible to most, but some of these other polices are killing you.

    Regardless, I do think you represent the majority of my views better than all other candidates and I wish you all the best my friend.

    Just wait till all the baby-boomers die, then we’ll really be able to do something with this country

  5. Anonymous on

    what does what mark emery have to do with what dana is proposing? it’s even in the article that they are not affiliated with what is being proposed….

  6. Anonymous on

    sadly, those who seem unconcerned with these issues have not talked to the majority of the population as of late. most of bc are suffering from living far below the poverty line. we are concerned because people are being forced to the street. dana has some ideas that are outside the box, but we need that to get bc back to where we should be. people have a right to feel safe and heard, whether they be sex trade workers, medicinal marijuana patients or those just living without because they don’t have the income. You may not see these people every day, but some of us do, and they are real people, in situations most of us would never dream of finding ourselves.
    granted, these ideas all at once can be shocking compared to what we are used to around here, but to say that these people don’t matter, that we aren’t concerned with the rich getting richer and the poor getting poorer, well, i’m afraid i just plain disagree.
    it’s a shame that these ideas, proven by other societies, are looked down upon because some rich people don’t want to lose a few bucks a year to help our economy and our people.

  7. Anonymous on

    Marc Emery did indeed generate millions of dollars in quick easy profit selling contraband
    he spent some of it: upgrading his website & POT TV, hiring hot chicks to walk around with dope, some pot liberation promotion and paying some taxes.. but most of his money $15 million is unaccounted for. best estimate of how much he spent before he got busted max was $4 million on everything inclusive.

    what seems to be missing from the Emery fortune is aprox — $11,000,000 in cash
    If anybody knew first hand exactly how cheap and unreliable stoner society is was Marc Emery
    He knew he was someday going to get popped – as surely as he knew 10,000,000 stoners
    worldwide would never ever effectively come together to either vote for him or rescue him from jail
    or press their representatives for meaningful change.

    So knowing all that. it makes perfect sense he would put aside a large war chest. feed a legal fund,
    stuff a retirement savings plan .. After all he claims to have paid all his taxes, but he is still seriously in tax arrears
    and will have to keep paying when he gets out of jail in 2015.. He knew that was the game and those were the penalties ..

    Why keep buying into the myth he wrote himself of his super human cheque writing benevolence,,
    when you can read his own jail blogs about how he is obsessed with the smallest of creature comforts ?

    Even in jail he eats better than billions of his fellow human beings
    and fares materially better than many of his Georgia neibours..
    and that’s a fact

    Marc Emery did not suddenly become devoted to tuna. fancy soap and collectors literature etc etc etc behind bars.
    he has always been that way–travelling first class, staying in fine hotels, wearing Armani suits and driving a rented luxury car… and smoking the finest weed on the planet all day long,, these are not traits and habits of a simple man

  8. Bhonze on

    It’s a shame this guy is so far out there; he may have a chance if he stuck with things that people are really concerned with. Dana is making himself out to be just another Looney!

  9. Anonymous on

    26% of someone with a $1,000,000 income is $260,000. Anybody who actually claims that much for income obviously didn’t use any of that money to hire a decent accountant because there is no way they would let them claim that much as personal income. That is why businesses are incorporated so the business makes the money not the person. Also, at least in the U.S. capital gains are taxed significantly lower, so money “invested” gets to slip by with a minimal hit. The tax increase on incomes over 250k is a drop in the bucket to anybody who is privileged enough to have that much money in the first place

    If someone told me that I could make a 74% return on my investment of $260,000 I would slap them in their stupid lying face for telling me something so ridiculous. I’m sure that’s enough of a lucrative return to keep people in the BC marijuana industry. Isn’t 740k of personal profit a year enough for one person?

    If the industry is to supply medicine, you’re making cash hand over fist off of peoples’ suffering, so have some compassion you greedy jerk and invest in your community so they actually have money to buy your product and aren’t a bunch of uneducated ne’er do wells who rip you off instead of purchasing goods.

    Marc Emery did make millions, and gave millions away. Let that be a lesson

  10. Anonymous on

    ” Dana here is proposing policy that would end the BC marijuana Industry-
    big pot growers are rich and Dana wants their money
    He would tax his friend Marc Emery who made millions selling seeds
    and anybody who is rich and hides from the tax would get in serious trouble
    and that would be everybody in the BC marijuana industry

    stick with with you know Dana, and thats dope and armchair anarchy