Comox Valley Cycling Coalition signed Invest in Walking, Cycling & Transit, Not High Income Tax Cuts 2015-07-21 09:01:10 -0700
Imagine that within the next ten years, you, your family and friends can safely and comfortably cycle and walk to work, school, and shopping as well as for recreation and exercise. And when you would rather take transit, there is a bus or a train nearby arriving within a few short minutes.
To help make this a reality, the Province could eliminate the planned tax cuts for those earning over $150,000 per year and instead invest in cycling, walking and transit in communities around B.C. While more funding will be needed, especially in Metro Vancouver, this will be a great step forward.
The higher tax bracket for people earning over $150,000 is set to expire at the end of 2015. This will result in a tax reduction worth around $225 million per year. Alberta just raised taxes on high income earners so it makes sense British Columbia not to cut similar taxes.
Everyone, including those earning over $150,000, would benefit much more if the Province eliminated this tax cut and instead invested of this revenue in improved walking, cycling and transit in communities around the Province.
Everyone's time is valuable. For example, someone earning $150,000 per year is 93 hours spent or $6700 worth of their time per year stuck in congestion in Metro Vancouver.
Everyone benefits from safer roads. By enabling more people to choose cycling, walking and transit, there will be fewer cars on the road and thus fewer crashes leading to fewer injuries and fatalities.
Everyone benefits from a strong economy. Transit, cycling and walking are affordable transportation. People cycling and walking are more productive at work. Cycling tourism has huge potential in B.C. For example, in Oregon, cycling tourism contributes $400 million per year to the economic.
Everyone benefits from healthier transportation. More people walking, cycling and transit reduces health care costs through increased physical fitness.
Petition - Invest in Walking, Cycling & Transit, Not High Income Tax Cuts
Petition to Honourable the Legislative Assembly of the Province of British Columbia, in Legislature Assembled.
We the undersigned, draw your attention to the health, economic, environmental and social benefits of walking, cycling and transit.
Your petitioners call upon the B.C. Legislature to extend the higher tax bracket for people earning over $150,000 beyond 2015 and invest the $225 million per year of revenue in improving walking, all ages & abilities cycling and transit in communities across British Columbia.