For Immediate Release
Oct. 27, 2010
Office of the Premier
PREMIER ANNOUNCES TAX RELIEF FOR BRITISH COLUMBIANS
VICTORIA - Premier Gordon Campbell tonight announced a 15 per cent reduction in personal income tax rates, for the first $72,000 of personal income for all British Columbians. This is the second-largest personal income tax relief measure in B.C. history, ensuring B.C. individuals pay the lowest provincial income tax in Canada, on incomes up to $130,000.
Gabriel Yiu: The bankrupt promises of the B.C. Liberals' HST
From The Georgia Straight
"Last October, in order to slow his sharp slide in popularity caused by the HST, B.C.'s then-premier, Gordon Campbell, spent $240,000 to buy a half-hour TV advertisement to make an important announcement.Continue reading Recommend this post
"The premier spent the first half to promote the so-called advantages of the HST. Then, he declared that in order to relieve the burden on consumers caused by the expanded sales tax, the government would introduce a 15-percent cut in personal-income tax, starting January 1, 2011.
". . . Campbell’s tax cut came as a shock to many because not that long before, he and then-finance minister Colin Hansen had challenged those opposed to the HST by asking them whether they wanted to cut health care or education to repay a $1.6-billion signing bonus to the federal government.
"But suddenly, the B.C. Liberal government had the money to cut income tax within two months!
"Unfortunately, Campbell’s promise was simply another B.C. Liberal dishonoured cheque to deceive British Columbians. . ."