this post was submitted on 13 Aug 2024
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B.C. United promises major income tax cut if elected (www.cbc.ca)
submitted 3 months ago by SamuelRJankis@lemmy.world to c/canada@lemmy.ca
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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.

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[–] xmunk@sh.itjust.works 26 points 3 months ago (1 children)

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.

[–] SamuelRJankis@lemmy.world 26 points 3 months ago (1 children)

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

[–] xmunk@sh.itjust.works 12 points 3 months ago (2 children)

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.

[–] SamuelRJankis@lemmy.world 5 points 3 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.