BC Finance Minister Kevin Falcon says he is keen to take a fresh look at the BC tax system. He is welcoming new ideas, and he even wants your opinion. He has struck an “expert” panel to review BC’s tax regime, and in early January the government launched an online tool that the public can [...]
Entries Tagged as 'Taxes'
Kevin Falcon’s narrow take on tax options
January 28th, 2012 · Seth Klein · 3 Comments · Economy, Provincial budget & finance, Taxes
Top 10 Reasons for Upper-Income Tax Increases
January 17th, 2012 · Seth Klein · 21 Comments · Poverty, inequality & welfare, Taxes
Some feel we shouldn’t increase taxes on upper-income folks. After all, people know best how to spend their money, whereas the government will only waste it on needless activities. Well then, I humbly submit the following Top 10 list of reasons for upper-income tax increases (in descending order). #10: Ridiculous real estate. Check out Vancouver’s [...]
Tags: inequality·Taxes
Tackling inequality means rethinking upper-income tax rates
December 23rd, 2011 · Seth Klein · Comments Off · Poverty, inequality & welfare, Taxes
2011 was the year rising inequality finally exploded into the mainstream discourse. A few year-end reading recommendations: Victoria Times-Colonist editorial writer Paul Willcocks wrote a terrific piece on the subject (you can find it here); and similarly, a group of UBC economists (including CCPA research associate David Green) authored a series on inequality for the [...]
Tags: inequality·Taxes
BC’s Top 1%: Doing fabulous, thank you
October 11th, 2011 · Seth Klein · 9 Comments · Poverty, inequality & welfare, Taxes
Occupy Wall Street has shone new light on the growing gap between the richest 1% and the rest of us (the 99 percenters). But that’s the U.S. right? Surely, our reality is different, eh? As the occupy movement comes to Canada in the coming week, we don’t really have reason to copy these American trouble-makers, [...]
Tags: inequality·tax cuts·Taxes
The Union of BC Municipalities Convention: a potpourri of policy
October 2nd, 2011 · Keith Reynolds · Comments Off · Economy, Employment & labour, Environment, resources & sustainability, Housing & homelessness, Municipalities, Privatization, P3s & public services, Provincial budget & finance, Taxes, Transparency & accountability
For people who follow local policy issues the annual meeting of the Union of BC Municipalities (UBCM) is always chock-a-block with material. Last week’s meeting in Vancouver, which saw hundreds of mayors and councilors along with most of the Cabinet, much of the BC opposition and dozens of groups selling both items and ideas, was [...]
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The real impact of HST’s defeat on provincial finances
September 9th, 2011 · Iglika Ivanova · 16 Comments · Economy, Provincial budget & finance, Taxes, Transparency & accountability
On Sept 8, Finance Minister Kevin Falcon released a much anticipated update on provincial finances. The Minster’s presentation focused on highlighting the cost of the move back to PST/GST, providing some large numbers for the media headlines, instead of looking at the big picture. In case you missed the media coverage, the provincial coffers are [...]
HST referendum: was the vote split along income lines?
August 26th, 2011 · Iglika Ivanova · 7 Comments · Economy, Poverty, inequality & welfare, Taxes
One of the first things I did after the HST referendum results came out today was look at how different electoral districts voted. I noticed that West Vancouver, North Vancouver and Point Grey had the highest number of “No” votes (to keep the HST) while Surrey and East Van districts had the highest number of [...]
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So the HST was defeated. Now what?
August 26th, 2011 · Iglika Ivanova · 45 Comments · Economy, Poverty, inequality & welfare, Provincial budget & finance, Taxes
Earlier today, Elections BC announced the much anticipated HST referendum results. British Columbians have voted to scrap the HST. The best part about having the results is that now we can move on from the narrow issue of what type of sales tax is better and focus our energies on some of the bigger issues [...]
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What’s behind the push for a municipal auditor general?
August 12th, 2011 · Keith Reynolds · 1 Comment · Taxes, Transparency & accountability
The call for the creation of an Auditor General for BC’s municipalities almost seems like a “no-brainer,” doesn’t it? Charlie Smith had a good article in the Georgia Straight outlining reasons why a municipal AG would be a good idea. Some people, in some municipalities have had problems with transparency. And while the Province does [...]
Hochstein and the demand to cut union wages
August 8th, 2011 · Keith Reynolds · Comments Off · Employment & labour, Municipalities, Poverty, inequality & welfare, Taxes
Last week Philip Hochstein had an op-ed in the Vancouver Province accusing municipalities of profligate spending and accusing municipal workers of being vastly overpaid. Hochstein is president of the Independent Contractors and Business Association of BC – representing non union construction corporations. He is the public face of the hard right in British Columbia and has [...]
