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B.C. Greens would raise taxes, run deficits

Green leader Andrew Weaver releases costing for sweeping promises
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B.C. Green Party leader Andrew Weaver speaks to reporters in Victoria (Black Press files)

Income tax, carbon tax, corporate tax, real estate tax and natural resource royalties would all go up immediately under a B.C. Green Party government, according to platform costing released by leader Andrew Weaver.

Even after counting as revenue the economic growth predicted by the B.C. Liberal budget, and contingency fees built into it, the Greens still project a deficit of $146 million next year and another $71 million in the red for 2019-20.

Weaver released the in Vancouver Monday, the last major party in the May 9 election to do so. He noted that many people are 香蕉视频直播渂arely making enough to pay the bills香蕉视频直播 as things stand today.

The biggest jump in the Green fiscal plan is 香蕉视频直播渞evenue to replace MSP premiums,香蕉视频直播 the Medical Services Plan fees paid by individuals and employers that Weaver has promised to transfer to income tax. The Green plan puts that revenue at $210 million for the current fiscal year, jumping to $810 million in 2018-19, not counting economic growth.

Carbon tax would begin increasing on Jan. 1, 2018, expanding two years later to include vented emissions from natural gas and forest slash burning. Carbon tax revenues would rise to $265 million next year and reach $865 million by 2020.

Weaver香蕉视频直播檚 big-ticket promises include expanding kindergarten to three- and four-year-olds, plus no-charge daycare for working parents until children turn three. The bill for 香蕉视频直播渓ifelong learning香蕉视频直播 is by far the largest in the Green platform, reaching nearly $3 billion by 2020 on top of existing education spending.

Weaver has matched NDP leader John Horgan香蕉视频直播檚 promise of a dedicated mental health ministry and adds another ministry for 香蕉视频直播渉ealth promotion, disease prevention and active lifestyles.香蕉视频直播 These functions are performed within the existing health ministry, which consumes nearly half of provincial revenues today.

The Green costing for 香蕉视频直播渉ealthy lives香蕉视频直播 would go up by $128 million for the two years starting in the spring of 2018.

By next year, the Greens propose to raise an additional $200 million on taxes of people making $100,000 a year and up, $500 million from an increased and graduated property transfer tax, $250 million from a one-per-cent increase in corporate tax and another $100 million from 香蕉视频直播渘atural resource rents, fees, licences.香蕉视频直播





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