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FIRST READING: David Eby's pledge to make B.C. the highest taxed jurisdiction on earth

Proposed top marginal tax rate would be higher than anywhere except Denmark

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FIRST READING: David Eby's pledge to make B.C. the highest taxed jurisdiction on earth Back to video

In a Sunday election pledge, B.C. NDP Leader David Eby proposed a new tax policy that would give his province one of the highest marginal tax rates on earth.

If implemented, the top marginal tax rate in B.C. would hit 57.5 per cent, meaning that 57.5 cents out of every dollar earned above a certain threshold in B.C. would be collected as tax.

It wouldn’t just make B.C. the highest tax jurisdiction in Canada, but it would place British Columbians in a higher tax bracket than even some of the most notoriously high tax corners of Europe.

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