Taxes

Which is more important, lower taxes or a higher minimum wage?

Oct 2, 2010
By
BC Labour Minister Murray Coell apparently got taken to the woodshed this week after telling a forum at the Union of BC Municipalities that his government was considering raising the minimum wage. The next day he quickly called a press conference on the driveway of a Whistler hotel to “clarify” his remarks.  He really just… View Article

A revenue negative carbon tax?

Sep 22, 2010
By
BC’s carbon tax was supposed to be “revenue neutral”, meaning all carbon tax revenue would be “recycled” to British Columbians through personal income tax cuts, corporate income tax cuts and a low-income credit. When the 2008 budget launched the carbon tax, we were provided with a forecast that had revenues precisely match recycling through tax… View Article

Our priorities for BC Budget 2011

Sep 17, 2010
By
On September 15, I presented CCPA-BC’s recommendations for BC Budget 2011 at the Vancouver BC Budget Consultation public hearing. Take a look at my presentation slides for a brief overview of our take on BC’s current budget situation and economic outlook, and our advice for leading the province’s recovery…. View Article

The Smart Tax Alliance. Non-Partisan? Really?

Aug 8, 2010
By
Last Thursday BC newspapers carried a large ad supporting implementation of the Harmonized Sales Tax.  The advertisement was signed by the “Smart Taxation Alliance” a group of 30 or so employer organizations. The ad carried the usual dubious arguments that transferring the cost of taxes from corporations to consumers will create vast economic activity.  What… View Article

Gas prices and consumption: BC vs Pacific Northwest

Jul 12, 2010
By
On a weekend getaway to Washington state, I was alarmed at how much cheaper gas prices are south of the border. Typically, we paid $3 per gallon, whereas the price in Vancouver upon our return was $1.16 per litre, which is $4.39 per gallon (with the exchange rate roughly parity over the weekend). This is… View Article

Will the HST boost job growth and when?

Jul 6, 2010
By
As BC and Ontario have now started paying the HST at the till, many people may be wondering when exactly can we expect to see those jobs postings opening up. This is a good question. According to analysis commissioned by the BC government from economist Jack Mintz, titled British Columbia’s Harmonized Sales Tax: A Giant… View Article

BC’s carbon tax turns two

Jul 5, 2010
By
With all of the attention focused on the HST implementation on July 1, most people seemed to miss the next increment of that other much-hated tax, BC’s carbon tax. As of July 1, the carbon tax is now $20 per tonne of CO2, or about 4.6 cents on a litre of gasoline. And like any… View Article

On the economic impacts of the HST

By
My previous HST post focused on the impact of the tax on households and I concluded that it’s likely that it will cost families and that some modest income families will be hurt by the tax. Is this sufficient reason to campaign for the tax to be repealed? Not necessarily. Public policy is about choices… View Article

The HST and BC family budgets

Jun 24, 2010
By
That the HST will take a bite out of family budgets is clear to everyone. The main question right now is just how big of a bite. Two studies released earlier this week asked this exact question but came to very different conclusions. On Monday, the Fraser Institute released a paper arguing that lower and… View Article