Vancouver Sun: B.C. Budget 2020: High-income earners, pop drinkers to pay more tax

February 19, 2020
Colin Wong

[EXCERPT]

“We’re disappointed in the budget,” said Business Council of B.C. president Greg D’Avignon. “We commend the government for balancing the budget, and addressing issues like child care, and particularly the cost for post-secondary education for those with low and middle incomes.

“But the budget is virtually silent on an agenda, let alone the implementation of a sustainable economic plan.”

The budget proposed a new tax bracket of 20.5 per cent for people with taxable income of more than $220,000 — a 4.3-per-cent increase. That will generate $216 million in new revenue next year, according to the budget. The change is retroactive to Jan. 1.

Full Article.

Become A BCBC Member

LEARN ABOUT MEMBERSHIP
BACK TO TOP    

ADDRESS

Business Council of British Columbia
1050 West Pender Street, Suite 960
Vancouver BC V6E 3S7

CONTACT INFORMATION

Telephone: 604-684-3384
Media Contact: 604-684-3384
Email: info@bcbc.com

© 2023 Business Council of BC. All rights Reserved.

linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram