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Housing budget spends less on housing, more on tax cuts
April 26, 2007
New statistics show the BC Liberal’s have spent more in the budget on tax cuts to the wealthy than their recent announcement to spend $80 million to purchase 15 buildings for social housing.
The analysis by political pundit and economist David Schreck, points out that those over 20 percent of the tax cut announced by Carole Taylor in February's so-called "housing budget," will go to those with an income over $100,000, costing the BC treasury $105 million annually.
To learn more visit Schreck’s website Strategic Thoughts.
