自由党
In one corner we have the Liberal plan, which was unveiled in February’s pre-election budget. The Liberals proposed a series of economically damaging tax increases including a one-point increase to the corporate income tax rate (to 11 per cent from 10 per cent) and a higher top personal income tax rate on British Columbians earning more than $150,000 (16.8 per cent versus 14.7 per cent). Importantly, the latter would affect the types of skilled workers B.C. wants to attract and retain such as doctors, lawyers, engineers, senior managers, accountants, and those in other professional occupations.
NDP
According to the NDP’s fiscal platform, the party plans to hike the corporate tax rate further to 12 per cent and increase the top personal rate to 19 per cent. And their plan doesn’t stop there. The NDP also plans to reinstate the financial corporate capital tax (three per cent on banks and one per cent on financial head offices in B.C., including credit unions). There’s more: they plan to expand the carbon tax’s base so it applies to more businesses, including those in B.C.’s resource sector.
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