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Mmastodon WorldElections first seen 7 h ago, last 4 h ago, peak #5

BC NDP proposes higher income tax on top earners

Original: 🇨🇦 British Columbians with taxable incomes $190,405 and higher would pay more provincial income tax under a BC NDP propo

British Columbia's NDP government, under Premier David Eby, has proposed raising provincial income tax for those with taxable incomes of $190,405 and above. The party says the measure would eventually generate $1 billion annually in new revenue for the provincial government. The announcement, made in the evening, is drawing attention to how the province plans to fund its priorities ahead of discussion around elections.

Why now: The tax proposal affects high earners in British Columbia and is part of a politically significant government funding plan.

David EbyBC NDPBritish ColumbiaCanada

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