Login / RegisterNDP leadership candidate Adrian Dix calls for B.C. corporate tax cuts to be cancelled
Adrian Dix today (February 2) proposed increasing corporate income tax rates and directing the revenue toward addressing such issues as climate change, public transit, and inequality.
Dix, a B.C. New Democrat leadership contender, has called on the provincial government to reverse tax cuts implemented on July 1, 2008, January 1, 2010, and January 1, 2011.
“I’m saying today we should cancel those tax cuts in the last three years and refocus that money on other priorities,” Dix told the Straight by phone.
He says his plan would add $268 million to B.C. government coffers for 2011/2012 and $338 million for the following year.
“We will still have tax rates that are very similar to the national average,” said Dix, the NDP MLA for Vancouver-Kingsway.
The additional tax revenue could also be used to “increase tax fairness and boost our long term economic prospects”, he says in a news release.
Asked by the Straight what can be done to implement the proposal, Dix said: “I’m making the case, but I’m hoping that we’ll have a new government that’s committed to reducing child poverty, that’s committed to building transit and using carbon tax revenues to actually build transit in our community.”
“I’m hoping there’ll be a new NDP government and I intend to lead it,” he added.
Dix criticized the B.C. Liberal government’s approach to reducing corporate taxes, claiming the strategy has failed to yield enough economic benefit.
He also said the corporate tax cuts in January 2010 and January 2011 coincided with increases to MSP premiums and long-term care fees.
“So you have money going directly from a family of four earning $35,000 and from a vulnerable senior to some of the largest corporations in the province,” he said. “That’s just not fair.”
And this proposal makes the most sense, as reducing taxes for corporations hasn't produced any measurable economic benefit, won't have an impact on overall investment decisions, and really only adds to the deficit.
Corporate tax cuts are one of the least efficient ways to create jobs and do the wealthy really need more tax breaks?
I like Dix and his chutzpa and I think he will make a good Leader if he wins, however I think we need less of a target as our Leader and Premier and the guy with the clean hands is Horgan. Horgan as the Leader with Dix and Farnworth as the heavy hitters on his flanks. It is time to think strategically and I see Horgan winning. He has the fewest vulnerabilities.
Geez, maybe I should become a BC Liberal, then I won't have to work for an honest living anymore!
First, Adrian Dix emerges as the early favorite in the leadership race.
(Oh dear.)
Then, Dix proudly announces that he has the support of Joy McPhail.
(Yeah, that'll get him just a BUSHEL of votes.)
Then, one of their leadership hopefuls announces that transit use should be "free", with increased taxes on "the rich" to pay for it.
(I should note that to the NDP, "rich" means "you have a steady job".)
If these three headlines aren't enough to make you realize the NDP are absolutely full of steaming fresh shiite, I don't know what to say to you.
Vote for whomever you want, but if you can't justify your vote with a rational explanation, in other words without raising points that don't make sense or aren't relevant, you're simply a warm body filling out a ballot.
Horgan for BC NDP Leader and Horgan for Premier of British Columbia!
No worries. The delusional crap posted by the NDP trolls above you here is just free entertainment. They drink the kool-aid without ever worrying about having a realistic or rational thought; I have no idea what colour the sky is in their world, but I envy their ignorance. We should all be so lucky. I pray that Dix wins their leadership; he makes Gordo look like a poster-boy for ethics, and he'll lead all their sheep straight off a cliff. Just sit back and enjoy the antics.
Nothing Dix has done could ever compare to SCampbells corruption as mayor or Preem! What a joke LittleMax!
The BC Liberals are another story though. They have been in power for 10 years and have willfully cut back on social services we paid taxes for. The BC Liberals do not need to be forgiven, they just need to be gotten rid of, before they completely destroy the Province of BC.
Low corporate taxes, no corporate subsidies, no corporate (non human legal persons) and union donations to political parties, no access to deals and ministers through lobbying--(see donations to parties)-- and higher income taxes on the wealthy - including the New Democrats living on the west side of Vancouver--imo