Look south to attract business to B.C.

British Columbia should be looking south to attract business and industry to this province.

Editor:

British Columbia should be looking south to attract business and industry to this province. Many disgruntled California business people and industrialists are looking for other more tax accommodating environments to relocate to. This following California’s and the US government’s recent tax hike to hit millionaires’ incomes.

For California, some say, direct taxes as high as 55 per cent of income. Certainly many of those that are leaving California are looking to other nearby states, however others are looking even further than that, including other countries.

With declining populations and closing of schools in this province, we should be aggressively promoting British Columbia as a choice for those that are fed up with California’s tax structure. The only way that those Californians can avoid paying California’s retroactive taxes is to absolutely pull up stakes and leave.

A newly elected Democrat government of California with falling state income has elicited to raise taxation on the rich in an effort to continue to provide demanded levels of services. Discontinuing services, long lines to get a driver’s license, reduced education privileges are only some of the reasons, similar to the Greeks, that Californians are revolting, causing the government, in an attempt, to pacify these demanding populations, is to increase taxation on millionaire income earners.

Rich or not with 55 per cent taxation, say you earn $100 but only take home $45, where is the incentive? Government’s weak stand against aggressive demands for increased government provided services is the road to this catastrophe. The simple theory of taxing the rich, generally speaking, appears to reduce employment and send even more jobs off shore.

Quote, “After Proposition 30 passed on Nov. 6, 2012, the State of California experienced a decline in the total state revenue for the month of November. California State Controller John Chiang reported that the total revenue for the month of November declined by $806.8 million, which is 10.8 per cent below budget.

The State of California experienced a decline in its revenue as several of the high-income earners have relocated to other states, and have also relocated their businesses out of state. This led to a decline in corporate and income tax revenues by more than $1 billion.” Close Quote

Regardless, B.C. should have a team in California offering relocation to B.C. as a possible alternative for disgruntled California business and industry.

Doug Wilson

Williams Lake

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

FILE PHOTO
Second doses of COVID-19 vaccine will be available, as AstraZeneca supply runs low: Interior Health

Province expecting large volumes of Pfizer BioNTech as age-based cohort immunization program ramps up

A medical worker prepares vials of the COVID-19 vaccines, Chinese Sinopharm, left, Sputnik V, center, and Pfizer at a vaccine centre, in the Usce shopping mall in Belgrade, Serbia, Thursday, May 6, 2021. Serbian authorities are looking for incentives for people to boost vaccination that has slowed down in recent weeks amid widespread anti-vaccination and conspiracy theories in the Balkan nation. The government has also promised a payment of around 25 euros to everyone who gets vaccinated by the end of May. (AP Photo/Darko Vojinovic)
38 new COVID-19 cases, more than 335k vaccines administered in Interior Health

Interior Health also to start targeted vaccinations in high transmission neighbourhoods

Williams Lake Fire Chief Erick Peterson said his department along with other fire departments in the region will be doing some wildfire urban interface training on Sunday, May 9 in the Williams Lake area. (Monica Lamb-Yorski photo - Williams Lake Tribune)
Wildfire urban interface training slated for Williams Lake area Sunday, May 9

Williams Lake, Quesnel, Miocene and 150 Mile House fire departments participating

Cariboo-Prince George MP Todd Doherty advises Conservative leader Erin O’Toole on mental health and wellness. (House of Commons Photography)
Cariboo-Prince George MP calling for 1-year deadline to establish 3-digit suicide hotline

Todd Doherty’s motion calling for 9-8-8 as a national hotline passed unanimously in December

(The Canadian Press)
Trudeau won’t say whether Canada supports patent waiver for COVID-19 vaccines

‘Canada is at the table to help find a solution’

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

A sign indicating face coverings are required by the establishment is pictured on the front door of a business in Vancouver, B.C., Friday, April 9, 2021. COVID-19 cases have been on a steady increase in the province of British Columbia over the past week. THE CANADIAN PRESS/Jonathan Hayward
A sign indicating face coverings are required by the establishment is pictured on the front door of a business in Vancouver, B.C., Friday, April 9, 2021. COVID-19 cases have been on a steady increase in the province of British Columbia over the past week. THE CANADIAN PRESS/Jonathan Hayward
B.C. to start releasing neighbourhood-specific COVID numbers after data leak

Documents obtained by the Vancouver Sun show cases broken down by neighbourhoods

Provincial health officer Dr. Bonnie Henry and Health Minister Adrian Dix update B.C.’s COVID-19 situation at the B.C. legislature, April 29, 2021. (B.C. government)
B.C.’s COVID-19 case count creeps up, seven more deaths

445 people in hospital, 157 in intensive care

Summerland’s positive test rate is much higher than surrounding local health areas, according to internal BC CDC documents. (BC CDC)
Summerland 3rd behind Surrey, Abbotsford in daily per capita COVID-19 cases

Interior Health is rolling out additional vaccine availability to the community

Amazon is pausing its Prime Day marketing event in Canada this year amid ongoing COVID-19 outbreaks at its facilities in Ontario. THE CANADIAN PRESS/Nathan Denette
Amazon Prime Day halted in Canada due to COVID-19 outbreaks in warehouses

The event was postponed to protect the health and safety of employees and customers, the company says

Ally Thomas, 12, seen in an undated family handout photo, died on April 14 from a suspected overdose. Her family says they are frustrated more public supports weren't available when they tried to get her help. THE CANADIAN PRESS
Minister says suspected overdose death of 12-year-old pushing B.C. to ‘do better’

Minister Sheila Malcolmson of Mental Health and Addictions says the government is working ‘as hard as we can’ to build a system of care for youths

At this Highway 3 check point, police officers will be asking for identification from drivers, documentation regarding the driver’s name and address, and the purpose for the driver’s travel. (RCMP)
No fines handed out at 1st COVID-19 roadblock as checks move across B.C.

Cpl. Chris Manseau says a total of 127 vehicles were stopped at a roadblock in the Manning Park area

A spectator looks on as the Olympic Caldron is relit in downtown Vancouver, Wednesday, February 12, 2020. THE CANADIAN PRESS/Jonathan Hayward
Small majority of B.C. residents in favour of a Vancouver 2030 Olympic bid: survey

A new survey shows a split over the possibility of public money being spent to organize and host the winter games

Most Read