Require approval from voters via a referendum or election for any new tax
Allow people to exempt $3,000/mo of rent or mortgage interest costs from provincial income taxes, starting with $1,500/mo in 2026
"1) Largest tax cut for renters and homeowners in BC history – $3,000 per month of rent or mortgage interest costs will be exempt from provincial income taxes. This will be achieved by issuing a tax credit worth 5.06% of eligible housing costs, equivalent to the rate of BC’s base tax bracket.
2) Immediate relief in Budget 2026 - by exempting $1,500 per month, increasing by $500 per year to the full level of $3,000 per month. This is a clear and long-term commitment to British Columbians who work hard.
3) A fair and fiscally responsible tax credit – The 2026 budget impact will not exceed $900 million, and we will design a targeted tax credit that ensures the relief goes to people who need it to get ahead in life." — conservativebc.ca, retrieved 2024-10-08
Do a systemic review of the entire tax and transfer system
"The BC Greens would undertake a systematic review of British Columbia’s entire tax and transfer system.
• This would look not just at what is and isn’t taxed and to what extent, but also how the system treats different groups, including both census families and individuals.
• It would consider where our tax take is on the Laffer curve, and what the incentives are for both high income individuals and companies." — BC Greens 2024 Platform, retrieved 2024-10-09
Introduce an additional 22.5% marginal tax rate on incomes over $350,000
"The BC Greens would introduce an additional marginal tax rate of incomes over $350,000 per year, of 22.5%. This would impact 39,936 tax filers, with an average income of $935,090. The additional revenue raised is $394.5 million." — BC Greens 2024 Platform, retrieved 2024-10-09