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- | + | Un approves two phase budget for B.C.'s new housing agency, BC Housing<br><br>BC Housing gets $824 million from provincial government, but a third of that goes to Vancouver<br><br>BC Housing has signed a memorandum of understanding to buy more of Vancouver's vacant and underused rental and affordable housing units<br><br>Vancouver is spending $30 million to convert homes for people without a licence, but there will be no cost for those who have ones for sale<br><br>The Liberals are raising the federal minimum wage for federal employees to $15 an hour.<br><br>The Liberals will create the first of two tax hikes for lower income earners to help raise funds. The first, an increase to two tax brackets, will bring the income tax rate for earners earning over $50,000 to 15 per cent, rather than the current seven per cent.<br><br>The minimum wage is $7.25 an hour, up from $5.25.<br><br>If enacted, the taxes will cost $17 billion per year as the Liberals propose.<br><br>READ MORE: Finance minister announces minimum wage rise, income tax increase<br><br>The new increase for those earning over $250,000 would cost $16.8 billion per year.<br><br>The Liberals will also introduce a new income tax rate structure that starts at zero and applies to couples earning between $100,000 and $150,000. This will apply to couples for two years. The current four-flat rate applies to those making over $150,000.<br><br>READ MORE: [https://www.adamgibiyasa.com/ 바카라] Full budget, [https://www.khangheshlaghi.com/ 바카라] 2017: What you need to know<br><br>The minimum wage increase for those earning over $250,000 has not been approved by the NDP or the Greens, [https://www.mateoyasociados.com/ 바카라] which have not agreed to the Liberals' plan. The Green government would raise the minimum wage by $5 an hour for single persons over 20, while the NDP said it wants a tax on foreign sales, to raise money.<br><br>The new increases will not take effect until 2019 and will apply to all of the province's employees.<br><br>NDP Leader John Horgan says it's just plain unfair to the lowest 20 per cent of earners when the minimum wage is $15 an hour.<br><br>READ MORE: Full 2017 budget, 2017: What you need to know<br><br>The Liberals have said they would bring the minimum wage to $9 an hour. The minimum wage in B.C. is currently set at $7.75 an hour.<br><br>"It's outrageous that any one family gets a $30,000 tax break by the Liberal government, while those making $250,000 or less, pay higher rates. I think that's just plain unfair," said Horgan.<br><br>"At the end of the day, we're going to lower tax revenue and put mor |
Revisión de 18:51 9 jun 2020
Un approves two phase budget for B.C.'s new housing agency, BC Housing
BC Housing gets $824 million from provincial government, but a third of that goes to Vancouver
BC Housing has signed a memorandum of understanding to buy more of Vancouver's vacant and underused rental and affordable housing units
Vancouver is spending $30 million to convert homes for people without a licence, but there will be no cost for those who have ones for sale
The Liberals are raising the federal minimum wage for federal employees to $15 an hour.
The Liberals will create the first of two tax hikes for lower income earners to help raise funds. The first, an increase to two tax brackets, will bring the income tax rate for earners earning over $50,000 to 15 per cent, rather than the current seven per cent.
The minimum wage is $7.25 an hour, up from $5.25.
If enacted, the taxes will cost $17 billion per year as the Liberals propose.
READ MORE: Finance minister announces minimum wage rise, income tax increase
The new increase for those earning over $250,000 would cost $16.8 billion per year.
The Liberals will also introduce a new income tax rate structure that starts at zero and applies to couples earning between $100,000 and $150,000. This will apply to couples for two years. The current four-flat rate applies to those making over $150,000.
READ MORE: 바카라 Full budget, 바카라 2017: What you need to know
The minimum wage increase for those earning over $250,000 has not been approved by the NDP or the Greens, 바카라 which have not agreed to the Liberals' plan. The Green government would raise the minimum wage by $5 an hour for single persons over 20, while the NDP said it wants a tax on foreign sales, to raise money.
The new increases will not take effect until 2019 and will apply to all of the province's employees.
NDP Leader John Horgan says it's just plain unfair to the lowest 20 per cent of earners when the minimum wage is $15 an hour.
READ MORE: Full 2017 budget, 2017: What you need to know
The Liberals have said they would bring the minimum wage to $9 an hour. The minimum wage in B.C. is currently set at $7.75 an hour.
"It's outrageous that any one family gets a $30,000 tax break by the Liberal government, while those making $250,000 or less, pay higher rates. I think that's just plain unfair," said Horgan.
"At the end of the day, we're going to lower tax revenue and put mor