If the B.C. government truly wants to make the provincial tax system more competitive, reform is needed across three key taxes.
provincial sales tax
Despite avoiding annual budget deficits, Premier Clark has allowed government debt to grow under her watch—by almost $7 billion.
April 1st is an important day for British Columbians and we're not referring to the Easter long weekend. On that day BC officially scraps the HST and in one fell swoop restores the old Provincial Sales Tax system.
But moving back to the PST will cause harm to the provincial economy and BC families will lose out on the increased prosperity and jobs that the HST would have encouraged. Since our province will be poorer with the PST, it falls on our political leaders to take action to lessen the impact.