For anyone not keeping up, BC is about to have a election in 2 months. The current opposition party/previous incumbent party is currently polled to be almost completely wiped out in the election by the BC Cons. so this seems like a go for broke maneuver.

A B.C. United government would eliminate the provincial income tax on the first $50,000 earned by every British Columbian, Leader Kevin Falcon announced Tuesday.

The move would save British Columbians an average of $2,050 a year each at a time when people are struggling to afford the rising cost of living, Falcon said.

The tax cut would cost the province $5.4 billion in tax revenue, B.C. United says.

  • @[email protected]
    link
    fedilink
    263 months ago

    Why though? Are we going to match it with a tax increase over 100k?

    I honestly don’t want a tax cut if it’ll just accelerate our provincial debt.

    • @SamuelRJankisOP
      link
      English
      263 months ago

      They’re conservative. It’s going to mean removing services and selling off crown assets.

      • @[email protected]
        link
        fedilink
        123 months ago

        Yup, and that terrifies me.

        Dammit BC. Shut up and take my money! I know it’s a lot but the services are worth it.

        • @SamuelRJankisOP
          link
          English
          53 months ago

          Dammit BC. Shut up and take my money! I know it’s a lot but the services are worth it.

          A lot of people have been talking about the Federal election that is very likely to be a year away. I think we should taking things one election at a time and polls have been trending in the wrong direction for BC in the last few months. It would be good if people gave more attention to BC politics.

        • pipsqueak1984
          link
          fedilink
          -73 months ago

          In Ontario we have a mechanism that allows us to donate our tax returns to the government to help pay provincial debt. Is there ant type of mechanism in BC that allows citizens to voluntarily give money to pay down provincial debt? Perhaps you should look into that if you want to give the province your money.

          • Rentlar
            link
            fedilink
            153 months ago

            Voluntary donations to the government to pay down debt or for any other purpose, does not and should not absolve the highest earners in the province from paying their fair share for the services everyone benefits from.

          • @[email protected]
            link
            fedilink
            143 months ago

            I don’t want to come off as too hostile but I loathe that sort of voluntary argument. We all live together and we should have a consistent ruleset to evenly tax everyone.

            I don’t want to punish people that actually have a conscience.

  • Em Adespoton
    link
    fedilink
    173 months ago

    Why on earth would we believe the Liberals this time just because they changed their name?

    I still remember when they got voted in on a platform that included rejecting the HST… only to have them implement the HST without telling anyone.

    And like was already mentioned… I WANT public healthcare, a functional road network, resource management that will still have resources to manage in a decade, and all the other things my tax dollars pay for. Income tax is already stratified and based on a percent of income in the tax bracket. Since we’re going to have to start footing a bigger bill each year to deal with global warming (wildfires, floods, slides, water shortages, electricity shortages, vanishing glaciers, migrating wildlife, viral outbreaks), I’d like there to be enough money flowing in to handle all that.

  • Avid Amoeba
    link
    fedilink
    9
    edit-2
    3 months ago

    This might be a blessing in disguise. The BC Liberal party (BC United) posing as liberals would no longer confuse or split the left vote. It’s NDP vs the conservatives, plain and simple.

  • @Nogami
    link
    3
    edit-2
    3 months ago

    Lol. Last gasp of the dying BC liberals. IMHO Krusty Clark and her accomplices can’t shake their past embracing organized crime at BC casinos.

    Even rebranding can’t save them because we know.

    They might cut taxes and put tolls back on bridges like they did last time?

  • @SamuelRJankisOP
    link
    English
    23 months ago

    Since the article didn’t include on relative terms what it means:

    From the BC Budget and Fiscal Plan 2024/25 - https://www.bcbudget.gov.bc.ca/2024/pdf/2024_Budget_and_Fiscal_Plan.pdf

    Revenue by Source pg.148

    In comparison to budgeted expenses 2024/25

    • Double what we spend on transportation (2 .775B)
    • Total Healthcare(35.944B)
    • Just for the Cons amongst us. Debt servicing(4.105B)

    Expense by Function pg.150