d) Taxation of contributions received per leadership candidate
The Liberal Party of Canada must benefit from the fundraising capabilities of the leadership candidates.
Therefore, the imposition of a 15% tax on the amounts collected by each candidate appears reasonable to us.
The proposal also limits the maximum to 1.8 million, as opposed to the 2.8 million from the last race.
One of the bigger worries moving forward, that the leadership race usurps party fundraising, donors will be fixated on candidates, while the party suffers. I completely support the idea of a portion of all leadership donations moving into the party coffers. A 15% tax does seem reasonable, maybe even a touch higher. In this way, all existing members who engage are contributing to the big picture, while new members are also tapped. Some quick math, even with only a few contenders, that tax could translate into 1 million towards the party. I like it.
I've also heard talk elsewhere of demanding that all convention delegates be required to contribute to the Victory Fund. Given the fact, that the lowest contribution would require a mere $30 dollars yearly (after the refund), I think that idea is hardly much to ask. If you can't endorse that lowly sum, then maybe there are other Liberals more committed, that deserve to go in your place. I've passed this idea on to a couple people in the party.
Tax the donations, that way we walk and chew gum at the same time, with one eye on leadership, the other on the health of the party. It would be a good, practical application, to go along with all the "renewal" rhetoric we will be bombarded with, over the coming months.