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

Saanich police investigating sexual assault in broad daylight

Social media lit up with accusations incident took place at Regina Park tent city

Swimmer halts journey across Strait of Juan de Fuca after hypothermia sets in

Susan Simmons swam for eight-and-a-half hours in 9 C choppy waters

Opposing views clash over removal of Royal Oak Golf Course from ALR

Golf course not ideal for farming, says report

Oak Bay man designer behind Canucks’ retro jersey

Jeremie White was 20 years old when he told Canucks assistant GM Brian Burke he had a design

Canadians fear for relatives trapped amid flooding in Indian state of Kerala

More than 800,000people have been displaced by floods and landslides

Five things to do in Greater Victoria this weekend

Puppy yoga, horses, cars, water guns and more make up this weekend’s list of events to see

IndyCar driver Wickens flown to hospital after scary crash

IndyCar said Wickens was awake and alert as he was taken to a hospital

Ex-BCTF president ‘undeterred’ after early release from pipeline protest jail term

Susan Lambert and Order of Canada recipient Jean Swanson released early

Fast food chains look to capitalize on vegetarian, vegan trend with new items

Seven per cent of Canadians consider themselves vegetarians and 2.3 per cent identify as vegans

‘Hard on water:’ Smoke not the only long-range effect of wildfires

The project began more than 10 years ago after southern Alberta’s 2003 Lost Creek fire

B.C. VIEWS: Genuine aboriginal rights are misused and discredited

Camp Cloud one of long line of protests falsely asserting title

Most Read