CCPA Policy Note

Entries Tagged as 'Taxes'

11 things you need to know about BC Budget 2015

February 17th, 2015 · · 31 Comments · Climate change, Economy, Employment & labour, Environment, resources & sustainability, Health care, Poverty, inequality & welfare, Provincial budget & finance, Taxes

1. Budget 2015 ends the claw-back on child support payments for single parents on welfare. This is estimated to put $13 million in the hands of some of the poorest British Columbians. It’s a good step forward, but it is very very small. $13 million is three hundredths of one percent of the provincial budget. […]

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The case against a revenue-neutral carbon tax

January 15th, 2015 · · 2 Comments · Climate change, Energy, Environment, resources & sustainability, Taxes

I’m a fan of carbon taxes, but increasingly I see the term “revenue-neutral” attached to it. Where I live, in BC, we have perhaps the most prominent example of a revenue-neutral carbon tax, and carbon tax advocates have come to promoting the BC model to other jurisdictions, such as Ontario, who are contemplating their own carbon tax. […]

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Denying inequality is a problem for Canada won’t make it go away

January 8th, 2015 · · 1 Comment · Poverty, inequality & welfare, Provincial budget & finance, Taxes

Jock Finlayson’s article “Income inequality not a problem in Canada” misses the point. Just because inequality in Canada is somewhat lower than in the U.S. (the Western world’s most unequal country) doesn’t mean we don’t have a serious problem. The small decline in the share of income going to the top one per cent Finlayson […]

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What is the “right amount” for local governments to spend?

October 23rd, 2014 · · 1 Comment · Municipalities, Taxes, Transparency & accountability

Just how much money should a local government spend? If you ask the Fraser Institute, the Canadian Taxpayers Federation (CTF) or the Canadian Federation of Independent Business (CFIB) you will always get the same answer: they should spend less.  Oddly, taxpayers sometimes disagree. The Fraser Institute produced a report this week titled Comparing Municipal Government […]

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A BC framework for LNG, part two: the LNG income tax

October 21st, 2014 · · 6 Comments · Energy, Provincial budget & finance, Taxes

Well, we saw this coming but it’s still sobering to see it in black and white. The BC government’s decision to cut its proposed LNG Income Tax in half (from 7% to 3.5%) is simply a cave in to industry. It’s massive giveaway of a public resource to global corporations by a desperate government who put […]

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Competitiveness vs public benefits: the LNG tax and regulatory regime

October 7th, 2014 · · 1 Comment · Energy, Environment, resources & sustainability, Taxes

This Fall’s legislative sitting will be an important one for shaping the future of LNG in BC. Will one or more companies make final investment decisions? And if they do will there be any public benefits? One of the key questions is whether the BC government will cave on its proposed 7% LNG income tax rate. Industry has […]

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Why teachers are still striking

September 12th, 2014 · · 2 Comments · Education, Employment & labour, Provincial budget & finance, Taxes

Speech to the Langley Teachers Association’s Public Forum on Education Delivered July 16, 2014. Check against delivery. I have a slightly different take because I don’t come from the labour movement or from the education sector – I come as an economist, so I’m going to talk a little bit about numbers. But before I […]

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BC’s Awkward Surplus

September 11th, 2014 · · 14 Comments · Children & youth, Education, Provincial budget & finance, Taxes

On Tuesday, the Ministry of Finance reported results from the first quarter of 2014/15. While the news release stated “B.C.’s budget remains balanced in spite of extra costs,” there is a projected surplus of $266 million for the current fiscal year. In reality it will likely be much higher, due to the usual practice of using conservative planning […]

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How have taxes changed over the last half century

August 12th, 2014 · · 3 Comments · Taxes

The Fraser Institute’s annual Consumer Tax Index report generated some media buzz with its outlandish claims about just how much taxes have risen since 1961. Before you get worked up about this, consider that 1961 was over half a century ago, before the time of universal health care that we all benefit from, before the […]

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How to fund improvements in class-size and composition: a matter of political will

June 3rd, 2014 · · 28 Comments · Children & youth, Education, Taxes

If a compromise is to be reached in the current bargaining between teachers and the government, the long-standing issue of improving class-size and composition must be resolved. The government insists that there is no money to make substantial improvements in this area (notwithstanding multiple court losses telling the province that it must make good on […]

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