Payroll health tax a no-win for taxpayers
Former B.C. Social Credit premier WAC Bennett once said that the “NDP could never operate a peanut stand”. So true.
Why? Unlike the B.C. NDP, Bennett knew the difference between a debit and a credit. He would have kept the present B.C. Medical Services billing as is and just lowered the income tax rates for B.C. taxpayers. Simple economic sense. On the other hand, the present B.C. NDP government is on the verge of eliminating B.C. Medical Services billing and creating an employer health tax on their payroll totals to compensate for the elimination of B.C. Medical billings.
This means that all B.C. municipal governments have an added new tax and will now offset this tax with an increase in property taxes. One hundred per cent no win solution to B.C. taxpayers.
No need for the B.C. employer health tax to come into effect if they would have done what Bennett would have done.