Taxes and tax cuts
Inside this issue:
Restructuring Government in BC: Are we asking the right questions?
Cutting Pharmacare won't cut health costs
Economic Impacts of Tax Cuts and Spending Cuts
Inside this issue:
The Great BC Tax Cut Giveaway
An Investment Strategy for BC's Resource Sector
Inside this issue:
BC versus Washington State: How do we Compare?
BC's Economy at the Crossroads
Inside this issue:
Robin Hood in Reverse: Who Benefits from Business Summit Tax Cuts
Are Spending Cuts & Privatization the Answer for BC?
Inside this issue:
Personal Taxes in British Columbia
Lowering Taxes Does Not Lead to Increased Government Revenues
Inside this issue:
The Global is Local: Shrinking the Public Sector in BC
Cost Shift: How British Columbians are paying for their tax cut
Inside this issue:
Spending cuts are the wrong choice for BC
Reckless and Unnecessary: BC's January 17 budget and job cuts announcement
In Service of Business: BC's New Plan for the Environment
(Vancouver) The Canadian Centre for Policy Alternatives released a major new study today called Cost Shift: How British Columbians are paying for their tax cut. The study examines a dynamic the Centre calls "cost shifting"--the transfer of costs off the government books and onto individuals, families, and in some cases employers. It reveals that while some individuals and families remain ahead financially after the tax and spending cuts, the gains of most are either precarious or have already been wiped out.
In June 2001 the provincial government introduced massive income tax cuts. It promised this would put more money in British Columbians’ pockets without a reduction in public services. Cost Shift looks at what actually happened. It finds that costs for public services are in fact being transferred off the government’s books and onto individuals and families, and in some cases employers. Although income taxes were reduced, other fees and taxes have increased.