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

Just Posted

Belmont students, staff reunite family with long-lost war medal

Medal belonged to Sharon Hoover’s great-great uncle

Students learn valuable lessons at the 10,000 Tonight food drive

Leadership students embrace community events at Royal Bay Secondary

William Head fence debate a big deal out of nothing says officials

Metchosin Mayor John Ranns met with William Head warden Thursday

Const. Sarah Beckett’s family sues drunk driver that killed her

Lawsuit seeks financial compensation from Kenneth Jacob Fenton

Salmon returns remain low on some South Island rivers

DFO officials say more fish returning after slow start

Kind Kids Club hands crafts cards for Oak Bay Lodge residents

Additional funds raised go toward gifts for the pediatric wing at Victoria General Hospital

Debt-to-household-income ratio rises in third quarter

Total household credit market debt grew to $2.11 trillion in the third quarter

B.C. Mountie told to resign after texting teenage sex assault victim

RCMP documents say Const. Brian Eden sent sexually inappropriate photos to 17-year-old girl

Family doctors should learn to treat addiction, not shun patients: scientist

B.C. Centre on Substance Use’s Dr. Evan Wood said efforts underway to change addiction medicine image

Four dog deaths investigated in Cranbrook

One vet suggests a parallel to these deaths and similar ones in 2016

Meningococcal disease outbreak declared in Okanagan

Five cases in last six months among 15- to 19-year-olds, including one in Vernon

Province rejects Ajax mine in Kamloops

KGHM Ajax had proposed a 1,700-hectare open-pit copper and gold mine, just southwest of Kamloops

Border officers rally at B.C.’s Peace Arch

CBSA employees tire of ‘lack of respect’

VIDEO: Colquitz students cram Saanich Police cruisers with food

Food literally burst out of the door from Const. Lisa Bruschetta’s cruiser

Most Read