Taxes

Droppin’ some HST

Sep 24, 2009
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The province-wide revolt over BC’s looming Harmonized Sales Tax is reminiscent of protests a generation ago when the HST’s federal parent, the Goods and Services Tax, was born. The rationale for that shift was similar to that of the HST: to switch from an invisible tax paid by producers (the Manufacturers’ Sales Tax) that was… View Article

What should our government be spending money on?

Sep 16, 2009
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One question that is missing from the public debate on deficits and debt is whether we’re getting the best bang for the stimulus buck. Even if we accept that it’s appropriate for governments to borrow and engage in deficit-financing during a recession, as I have argued here, we need to have a discussion about the… View Article

BC’s Carbon Tax Clash

Apr 15, 2009
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With the BC election campaign now officially on, the carbon tax debate is back. Since the fall’s federal election, when the Prime Minister dropped in to beat up the carbon tax to solidify his support in BC, the carbon tax has dropped off the public radar, replaced by stories about the economic and financial crisis…. View Article

Beggar-thy-neighbour politics in Metro Vancouver

Mar 13, 2009
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Surrey Mayor Dianne Watts made the news this week calling for property-tax-free zones in Surrey to attract new business to her city. Of course, in a climate where businesses are not making new investments, this will at best lure businesses from other parts of Metro Vancouver. Economists call these beggar-thy-neighbour policies because you can only… View Article

Following the money in BC communities

Mar 12, 2009
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It is one of those publications that few media outlets will report on, and even fewer British Columbians will read, but BC Stats just released the latest version of its Local Area Economic Dependencies, updated based on 2006 census data. This publication basically asks where the income in various BC communities comes from. In many… View Article

Happy Birthday, Carbon Tax!

Feb 18, 2009
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A year ago, in the 2008 BC Budget, a new tax was born. There was a hush over the House as its mother, the Finance Minister, prepared for delivery. The proud papa, the Premier, stood glowingly beside the new mom Carole and her baby tax, and basked in the glow of praise from climate scientists,… View Article

They don’t pay taxes in Surrey? Who knew?

Feb 12, 2009
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Transportation Minister Keven Falcon had letters to the editor this week in both the Vancouver Sun and the Times Colonist saying, “The new Port Mann Bridge will not cost taxpayers a dime.” He was saying that the bridge will be paid for by tolls but he seems to have forgotten that people who cross the… View Article

Love Those Deficits

Feb 6, 2009
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As noted by Vaughn Palmer in the Vancouver Sun, it seems that all the political parties will benefit from Premier Campbell’s recent conversion to deficit budgets. While deficits are the obvious outcome of a rapidly decreasing economy, little is mentioned about the long-term effects that successive waves of tax reductions will have on building BC’s… View Article

Climate policy: contradiction #2

Feb 4, 2009
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Speaking of BC climate policy contradictions that desperately need to be addressed (like I was doing here), wrap your head around this: our current policy framework is supposed to simultaneously reduce consumers’ dependence on fossil fuels and increase our dependence on fossil fuel production in the province. What? It’s true. It works like this. If… View Article