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The NDP and the average Joe and Jane don't understand the meaning of entrepreneurship and the risks and rewards that come to those who do more than just a nine to five job with a regular paycheque.

Both my husband and I are entrepreneurs and under the age of 50. Our idea of retirement is a new start up - I swear my husband will be working on his deathbed, but he loves to create. Both he and I immigrated to Canada with our parents when we were children. We went to school on student loans, paid every red cent back plus interest. I did my first tax return when I was eleven years old because my father used to do the tax returns (for free) for all his friends and he noticed that my handwriting was a lot neater so he taught me how to do them. I practiced tax law for over a decade until I decided that I wanted to be mom first and a career person second. 

In addition to working our respective a__es off, we have put everything we own on the line many times to get to where we are. Yes we make way more than $150K each; however, there was a time not too long ago where I would stay awake nights wondering where I was going to get the money to meet payroll (we didn't get paid during that time) for my staff and I'm proud to say that I never missed one payroll and banks laughed at us when we asked for money. Now the situation is very different, we have banks and private equity funds knocking on our doors daily (you know the saying, they take away the umbrella when its raining and give you many when its sunny), we employ over 30 people in Canada when average salary of $80k and over 20 in the US. The last time NDP was in power, I learned many ways to strip the BC tax base - not only did BC not get the increased tax revenue due to rates, they also lost the lower base. I had a long discussion with an NDP Minister at the time and he couldn't understand how I could move the tax base out of BC. This time around, I will figure out ways to reduce my tax burden and given the type of business we are in, I can assure that I can, if I want to, not pay 1 cent of BC tax legally. If someone thinks that taxes won't go up drastically (greater than what has been announced) under the NDP regime, they must believe the sky is purple because someone tells that it is even though they can see it isn't. The other thing that most people don't realize is that those of us who do make over 150k also employ others in our private lives - a housekeeper, a gardener, a pool guy (sorry he's an old man), private school tuition, tutors, US schools, private clinics for medical care (takes the burden off the tax funded one) and donations. Everyone talks about spinoffs from events, I wonder when someone will think about spinoffs from those who do earn greater than 150k and realize that we are putting more money into the economy that just taxes.

-- another mom

People love to moan about high taxation, but cut any of the services that taxes pay for, or add user fees (like bridge tolls) in lieu of higher general taxes and they scream bloody murder.

Aside from that, it isn't true that "taxes keep going up," as this article says. The liberal government slashed corporate taxes in a bid to create a more "business friendly" environment in the province, and since then has scrambled to replace the lost revenue, mostly by shifting more of the burden on to the middle class.

-- burnabybob

As a retired person who also worked hard for many years and saved for my retirement

... your better target for taxes would hurt us tremendously. It will also hurt you in the future if you are getting near to retirement. We are not rich by any standard but we do have interest and dividends. To tax those who have worked hard for their retirement is counter intuitive. Why would people save for retirement if they knew it would be taxed highly? We are already watching our pennies.

-- Retired Ant

The NDP and the average Joe and Jane don't understand the meaning of entrepreneurship and the risks and rewards that come to those who do more than just a nine to five job with a regular paycheque.

Both my husband and I are entrepreneurs and under the age of 50. Our idea of retirement is a new start up - I swear my husband will be working on his deathbed, but he loves to create. Both he and I immigrated to Canada with our parents when we were children. We went to school on student loans, paid every red cent back plus interest. I did my first tax return when I was eleven years old because my father used to do the tax returns (for free) for all his friends and he noticed that my handwriting was a lot neater so he taught me how to do them. I practiced tax law for over a decade until I decided that I wanted to be mom first and a career person second. 

In addition to working our respective a__es off, we have put everything we own on the line many times to get to where we are. Yes we make way more than $150K each; however, there was a time not too long ago where I would stay awake nights wondering where I was going to get the money to meet payroll (we didn't get paid during that time) for my staff and I'm proud to say that I never missed one payroll and banks laughed at us when we asked for money. Now the situation is very different, we have banks and private equity funds knocking on our doors daily (you know the saying, they take away the umbrella when its raining and give you many when its sunny), we employ over 30 people in Canada when average salary of $80k and over 20 in the US. The last time NDP was in power, I learned many ways to strip the BC tax base - not only did BC not get the increased tax revenue due to rates, they also lost the lower base. I had a long discussion with an NDP Minister at the time and he couldn't understand how I could move the tax base out of BC. This time around, I will figure out ways to reduce my tax burden and given the type of business we are in, I can assure that I can, if I want to, not pay 1 cent of BC tax legally. If someone thinks that taxes won't go up drastically (greater than what has been announced) under the NDP regime, they must believe the sky is purple because someone tells that it is even though they can see it isn't. The other thing that most people don't realize is that those of us who do make over 150k also employ others in our private lives - a housekeeper, a gardener, a pool guy (sorry he's an old man), private school tuition, tutors, US schools, private clinics for medical care (takes the burden off the tax funded one) and donations. Everyone talks about spinoffs from events, I wonder when someone will think about spinoffs from those who do earn greater than 150k and realize that we are putting more money into the economy that just taxes.

-- another mom

Posted by BC Election 2013
I favour consumption taxes over income taxes and also have grave concerns about the erosion of our environment.

Therefore, I would 1) increase BC's carbon tax - to which local governments would have access on a percentage basis -, ensuring that proceeds go toward public transportation, green projects, research into green technology and in general are supportive of a transition from BC's current carbon-based economy to a green economy; 2) return us to the HST; 3) switch our current income tax structure to a flat tax of ten percent, which would be applied to the portion of income above a generous basic exemption; and 4) transfer payment of the MSP to the income tax system, as is done in Ontario and other provinces. Re 1 & 2, appropriate low-income refundable tax credits would apply. Re 3, as consumption tax rates increased, the income tax rate would decrease.

-- Chrystal Ocean

The average BC company has a strong community spirit and spend a lot time raising money for non profits and charities.

The company I work with gives a good deal of money and help in its community. It's primary goal is to make a profit to keep all the employees employed! If taxed to a point where the profit margin declines they will have to look at ways to maintain their profit. Several ways of doing so. 

1 cut salaries. 

2 cut back hiring 

3 cut benefits 

4 cut purchases 

5 cut hours 

6 cut donations 

None of these are appealing to the company but its job is to make a profit! For action taken there will always be a reaction. Governments should be careful when talking about higher taxes!

-- Bill Dick

As a former government employee for 25 years, it all depends on how you define waste and I can tell you exactly where the problem is.

The public service employees who deliver the services are professional and deliver those services efficiently. The managers who oversee them are professional and ensure that the service delivery is cost effective. The problem always comes from the political side, politicians who have no government training or service delivery experience. With the stroke of a pen, I have seen the politicians waste more tax money that they will ever earn in their entire career. In my career, the Socreds were the worst for spending with a blank cheque mentality. The best was the Harcourt NDP who scrimped over every penny. The Clark NDP was much less efficient and deserved to be tossed. But by far the worse was the Liberals, and they need to spend a decade in opposition to regain their focus. 

The problem is that given the current parliamentary political system, majority governments are responsible to no one until the next election, and their act like it. If taxpayers truly want cost effective service delivery from government, then our system must be changed. A minority government is difficult for politicians because they can not deliver their program without opposition support, but it is the best system for taxpayers.

-- Jamie

As a person not living in the Lower Mainland, all the carbon tax has been is a tax for not living in the Lower Mainland.

It penalizes anybody that doesn't live down there as we have to travel a long ways for just about anything plus create a lot of the revenue that pays for the useless Sea to Sky Highway, and the Golden Ears Bridge. I think the carbon tax should be eliminated as it is a competitive disadvantage to any other jurisdiction in North America. 

As for the flat tax, Alberta has it and we have a lower income tax rate than they do until you make over $115 000. And Alberta is also running deficit budgets. 

I agree with the HST, but at a rate of 10 or 11%. The reason it was shot down was the lying by the current government who swore up and down they would not implement it, then as soon as elected brought it in.

-- Frustrated Northerner

I do not mind paying taxes if they are used properly. I work for the Provincial Government and we waste so much money.

The amount of red tape kills production and takes so much time away from workers.. Executive junkets, another special project, people abusing health care with going to the doctor because they have a cold or for every little pain or hiccup going to emergency because they lost their narcotics again and again, people taking way too many medications, freebies for those who are too lazy to work and pay taxes, the constant demand for increased wages, Skytrain (over light rapid transit), Giving money to refugees. the list goes on and on and on...

-- Jules

The average BC company has a strong community spirit and spend a lot time raising money for non profits and charities.

The company I work with gives a good deal of money and help in its community. It's primary goal is to make a profit to keep all the employees employed! If taxed to a point where the profit margin declines they will have to look at ways to maintain their profit. Several ways of doing so. 

1 cut salaries. 

2 cut back hiring 

3 cut benefits 

4 cut purchases 

5 cut hours 

6 cut donations 

None of these are appealing to the company but its job is to make a profit! For action taken there will always be a reaction. Governments should be careful when talking about higher taxes!

-- Bill Dick

Posted by BC Election 2013
The size of government needs to decrease, substantially. On the Lower Mainland, we basically have 1 Mayor for every 100,000 people, why?

There is approximately 1 council member for every 12,500 people. Do we seriously need this kind of representation? And is it actually helping us? There are about 23 planning, engineering, finance, and other departments for approximately 2,000,000 people, again, is this helping? NO! We need to eliminate about 20 of the municipalities on the Lower Mainland and get rid of the mayors, councils and duplicated, redundant departments. None of it is sustainable. The unions will just continue to demand more more more, going on strike and holding us hostage until they get it. The mayors and councils will continue to take pay hikes that they really don't want but that are being forced on them! 

The provincial government also needs to streamline. There should be set spending limits on expense accounts. Raises for staff and MLA's need to be put to the public for a vote, MLA's shouldn't be allowed to vote themselves raises, EVER! And, the Provincial government should be banned from taking any profits (real or imaginary) from ICBC or BC Hydro. WE the taxpayer pay those fees & premiums, it is our money and when the government takes the profits from US, it is a hidden tax and shouldn't be allowed. Better yet, car insurance should be privatized. ICBC can stick around because if they truly are cheaper than private insurers (which I somehow doubt) then fine, I'll stay with ICBC, but I should have the option to choose who I want to insure my car. 

Until we eliminate a large portion of the taxes we pay, no one will have any money in which to stimulate the economy. It should be the private sector that does the hiring and the growing, not government.

-- Langleyite11

It won't change much with NDP in power.

In a perfect world, everyones taxes would be equal. Business as well as people. Income is income. If business paid more, the workers would pay less and spendd more. Most businesses tax freedom day is in January. Workers tax freedom day is in July.

Why should a business be able to make a million profit and pay no tax but they tax me 40 percent on my 60K ?

-- Greg Taylor

There is only 1 of the 4 party's running that even talks of restraint this is our problem in a nutshell.

The liberals talk the talk but defecits continue. The expression workshops is strictly a government term, in the private sector we only use the word WORK. The system is clearly not working time for some real restraint on spending. As a Langley resident who uses the port Mann bridge lots the decision to charge some people for bridge use and others not sealed my vote against the liberal party. I'm not a second class, citizen I pay the same tax as the people in all other locals in the province. Many problems created by this government in the last few years your readers are correct the people of this province are being overrated time for a complete overhaul not just a personally change in our provincial government, The people deserve better.

-- john g

The wealth of the Province or the Country is not fairly distributed,

...the middle class still the one the pay the most in percentage wise, why not introduce a FLAT rate tax applicable to all based on the gross income. And STOP the HIGHWAY ROBBERY by those we elect and they they appoint, STOP the CORPORATE WELFARE and outsourcing of Canadian JOBS. Anyone on the PUBLIC PURSE PAYROLL, should and must present receipts for every penny spent and be accountable where the penny is spent. Just look at TRANSDINK/TRANSLINK spending 300k a year on coffee for it's head office, if I have to pay for my won coffee, why can't they, AGAIN STOP THE CORPORATE WELFARE.

-- Al Dinis

My taxes should be spent more responsibly.

They should be going to help fund and support health, education, social services, and all those other things people count on. Carbon taxes should go to green initiatives. I don't want the lowest taxes in the country if it means pharmaceuticals that cost $10 in Ontario cost hundreds here. Or if it means that we spend a decade doing nothing to try and curb child poverty.

-- Kristen Keighley-Wight

The increase in personal taxation is very frustrating.

Increasing tax rates for high income earners is a very safe way to get votes. The percentage of the voting population that earns over $150,000.00 is relatively small, so they can bring in a lot of tax revenue without losing many votes. Conversely, people with incomes lower than $150,000.00 make up the vast majority of voters and they will be in favour of increased taxation of high income individuals. My family will be paying $2,000.00 more per year in taxes under this plan. We also have a mentally ill senior living in our house to care for. There are lots of promises being made for increased child care, daycare, family allowances etc, but perversely, though more taxes will be taken from my family we will get no additional support to care for this mentally ill senior. I also find it very frustrating that increasing taxes on higher incomes provides a disincentive to work hard. Both my partner and I have put ourselves through university, nine years of university education between us. We worked hard for our educations, had massive student loans to repay. We worked hard in the workforce for 25 to 30 years each, stuck with jobs that were unrewarding in order to get experience and move ahead. We got up every morning and reported to work for jobs we didn't like and neither of us has ever received EI benefits. Now, in the last 10 years of our working life, when we finally have reached higher incomes to prepare and save for retirement, our taxes will be increasing. I think that perhaps a better target for increased taxes would be passive income, not employment income. Income from sources such as interest, capital gains, dividends etc rather then employment income where people actually have to haul their ashes out of bed every day and put in a lot of effort to pay the rent.

-- Frustrated Voter


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