BC Liberals reveal Spend-o-Meter
Posted April 21, 2013 10:11 pm.
This article is more than 5 years old.
VANCOUVER (NEWS1130) – The BC Liberals have unveiled their Spend-o-Meter, which they say adds up the cost of the BC NDP’s spending promises.
“If Mr. Dix won’t come clean with British Columbians and tell them how much taxpayers’ money he intends to spend, then during this campaign, we’ll do it for him,” says Liberal candidate Mike de Jong.
“Mr. Dix and the NDP are making promises that amount to billions of dollars. He has gone in a couple of days from being a billion dollar man to the two billion dollar man. But it’s not his money. It belongs to the taxpayers,” he adds.
NDP candidate Bruce Ralston says at least their plans will be paid for, unlike the Liberals over the past couple of years.
“In the current five years, they are proposing to raise debt by 54 per cent. That’s the biggest five-year increase in the history of BC. Yet they promised no debt. They promised to balance the budget, yet they’ve run five consecutive deficits.”
And Ralston insists the costs of his party’s ans have been carefully laid out.
“What we’ve said is, any dollar that we spend will be fully accounted for by a new dollar in revenue.”
That revenue, Ralston says, will come from an increase in income taxes for high income earners, an increase in the corporate tax, a capital tax on banks, and increasing the number of industries that have to pay the carbon tax.