...The regressive MSP tax has gone from $108 a month to $130 a month — a 39-per-cent increase in just six years — and the rate is the same for families making just over $30,000 a year or those making $10 million...
And how much was that Clarklandian tax cut for those making $10 million (or even $100,000) again?
And, as an indicator of the secret shift onto the backs of those that can afford it least, that $130 a month for a family making $30K equals $1,560 per year which works out to a more than five percent of their total income...As for that $100K family...Well, I reckon you can figure that out without any help from my $5.99 big button Staples calculator...So, I guess the Clarklandian motto is really 'Well-Off Families First!'
The bit above comes from Michael Smyth's latest in The Province which is a rather bizarre phone-it-in piece that leans almost entirely on the very fine finest-of-the-fine work of the CTF's Jordan Bateman who, as you might expect if you've been paying attention, plays both sides against the 'balanced budget uber alles forever' middle.
Interestingly, CTV is reporting an MSP number of $144 per month which works out to $1,800 and fully six percent for all those not-so well off Families who are last in Ms. Clark's books...Regardless CTF vs. CTV difference, the real issue here is that the rates are increasingly considerably faster than costs...In other words, it's actually a double-dipp gouge out of the back of those that can afford it least.