The BC budget just doesn’t add up once you look at some of the details. Since the 2009 economy is shrinking, how can revenues from personal income tax be greater in 2009 than 2008, when the yearly economy was still growing? A more for less approach seems to be endemic with the premier. When commenting [...]
Michael Goldberg’s Blog Posts
Michael Goldberg is retired. He was the Research Director of the Social Planning and Research Council of BC (SPARC BC) from 1987 to 2006.
Numerically Challenged
February 20th, 2009 · Michael Goldberg · Comments Off · BC Election 2009, Provincial budget & finance
Tags: Aboriginal·budget·construction·housing
Love Those Deficits
February 6th, 2009 · Michael Goldberg · Comments Off · BC Election 2009, Economy, Provincial budget & finance, Taxes
As noted by Vaughn Palmer in the Vancouver Sun, it seems that all the political parties will benefit from Premier Campbell’s recent conversion to deficit budgets. While deficits are the obvious outcome of a rapidly decreasing economy, little is mentioned about the long-term effects that successive waves of tax reductions will have on building BC’s [...]
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