Everyone In BC Gets A Tax Increase…But Few Seem To Notice

Posted by Michael Campbell

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So long to the revenue neutral carbon tax – no more offsetting reductions in individuals and business income tax.   The BC Budget estimates that the government will take in a net $1.441 billion from individuals and businesses. That’s just the start – a billion more dollars out of the economy by 2021 – and according the UN’s International Panel on Climate Change that’s not nearly enough.