Vernon Matters: B.C. budget gets failing grade from Vernon business group

[EXCERPT]

In other reaction to the B.C. budget, the Business Council of British Columbia says the government’s new tax bracket for high income earners pushes the federal-provincial personal tax rate above 50 per cent for that group.

The council’s Jock Finlayson says the tax will generate a minor amount of revenue and undermine efforts to foster a more innovative, entrepreneurial economy.

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