Benefactors of growth can afford to pay more

Top income earners could fund much of B.C.'s deficit reduction

Re: Here comes the tax, man (Our View, Feb. 1)

The editorial said, “British Columbians now have to decide what they value more: services or disposable income – or find a balance between the two.”

The Canadian Centre for Policy Alternatives report referred to, “Progressive Tax Options for B.C. – Reform Ideas for Raising New Revenues and Enhancing Fairness,” actually said that we could have more disposable income and more social services.

The report made a plea for progressive taxation. It’s fair for the benefactors of B.C.’s recent economic growth to give a little more to the common pool, since their taxes are lower than the rest of Canada. This would raise needed program revenue, reduce income inequality and increase disposable income.

If the top six per cent of B.C. residents, those with incomes over $103,000, paid a fair tax share, we would raise $930 million. That would build 2,000 social housing units annually, pay increased welfare to cover food and housing, support families by properly funding ministry programs, restore school class sizes to 2007 levels and increase post-secondary education funding by 10 per cent.

The Centre also said for the price of a cup of coffee each a day, we’d raise $2.3 billion for substantial investment in a number of areas.

It did sound like a few people might have to forgo that extra yacht, Maserati or vacation mansion, including me.

Larry Wartel

Victoria

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Sooke man Rik Downer spent two weeks in the Royal Jubilee Hospital after contracting flesh-eating bacteria. (Nina Grossman/News Staff)
Sooke man’s bumped knee leads to fight for life

Man unknowingly contracts case of rare flesh-eating disease

Greater Victoria Crime Stoppers is looking for this man, who they say stole a charity box. (Facebook/Greater Victoria Crime Stoppers)
Crime Stoppers looking for man who stole charity box from Saanich grocery store

Anyone with information asked to call Crime Stoppers

A crowd gathers at Mount Newton Cross Road and Highway 17 on Oct. 23. (Devon Bidal/News Staff)
Highway reopens after rally supporting Mi’kmaq fishing rights in Nova Scotia

Central Saanich demonstration interrupts Friday afternoon traffic

Victoria police Chief Const. Del Manak appreciates the efforts of residents and business owners who took part in the VicPD community survey. The questionnaire saw a combined nearly 1,000 respondents from Victoria and Esquimalt. (Black Press Media file photo)
VicPD survey says: overall satisfaction positive, accountability needs work

Respondents feel safe during day, not so much at night; more police presence would help

B.C. Liberal leader Andrew Wilkinson, B.C. NDP leader John Horgan and B.C. Greens leader Sonia Furstenau. (Black Press Media)
VIDEO: One day until B.C. voters go to the polls in snap election defined by pandemic

NDP Leader John Horgan’s decision to call an election comes more than a year ahead of schedule and during a pandemic

Advance polls are open from Oct. 15 to 21 with election day on Oct. 24. (Black Press Media file photo)
A Le Chateau retail store is shown in Montreal on Wednesday July 13, 2016. Le Chateau Inc. says it is seeking court protection from creditors under the Companies’ Creditors Arrangement Act to allow it to liquidate its assets and wind down its operations.THE CANADIAN PRESS/Ryan Remiorz
Clothing retailer Le Chateau plans to close its doors, files for CCAA protection

Le Chateau said it intends to remain fully operational as it liquidates its 123 stores

100 Mile Conservation officer Joel Kline gingerly holds an injured but very much alive bald eagle after extracting him from a motorist’s minivan. (Photo submitted)
B.C. driver thought he retrieved a dead bald eagle – until it came to life in his backseat

The driver believed the bird to be dead and not unconscious as it turned out to be

Green party Leader Sonia Furstenau arrives to announce her party’s election platform in New Westminster, B.C., on October 14, 2020. THE CANADIAN PRESS/Jonathan Hayward
B.C. Green party says it’s raised nearly $835,000 in 38 days

NDP Leader John Horgan is holding his final virtual campaign event

Anyone with information on any of these individuals is asked to call 1-800-222-TIPS (8477) or visit the website victoriacrimestoppers.ca for more information.
Greater Victoria Crime Stoppers wanted list for the week of Oct. 20

Greater Victoria Crime Stoppers is seeking the public’s help in locating the… Continue reading

Parksville’s Jared Huggan won $75,000 playing BC/49. (BCLC/Photo submitted)
Vancouver Island man $75K richer after purchasing winning lottery ticket at Nanaimo Walmart

Parksville’s Huggan plans to purchase electric bike for partner

Chastity Davis-Alphonse took the time to vote on Oct. 21. B.C’s general Election Day is Saturday, Oct. 24. (Chastity Davis-Alphonse Facebook photo)
B.C. reconciliation advocate encourages Indigenous women to vote in provincial election

Through the power of voice and education Chastity Davis-Alphonse is hopeful for change

White Rock RCMP Staff Sgt. Kale Pauls has released a report on mental health and policing in the city. (File photos)
White Rock’s top cop wants to bill local health authority for lengthy mental-health calls

‘Suggestion’ included in nine-page review calling for ‘robust’ support for healthcare-led response

Most Read