The BC NDP has proposed higher taxes for those in the highest income brackets to ensure they "pay their fair share."
Leader David Eby assured voters that, if reelected, the other 96% of British Columbians will see no increases.
According to the party, people making between $190,405 and $265,545 would see their tax rate go from 16.8% to 18.8%, while taxes on those making between $265,545 and $1000,000 would go from 20.5% to 22.5%.
Anyone earning over $1 million would be taxed at a new rate of 24.5%.
"We celebrate when families and businesses here are successful," Eby said, "but when people are struggling, we think that it’s fair to ask those at the top to pitch in a bit more so we can make it possible for everyone to get ahead."
The BC NDP projected that the new tax increases would result in $1 billion in "new revenue" every year that could then be used to fund public services such as health care.
"We know the BC Conservatives won’t ask millionaires to pay their fair share," Eby claimed.
The BC Conservatives responded by referring to the move as the "Eby Doctor Tax," warning that such a policy would "drive doctors out of our province."
"There is no problem the NDP don't think can be fixed by raising your taxes," the party added, noting that they've committed to "no new taxes."
Taxing the wealthiest British Columbians more has long been championed by the BC Greens, whose leader, Emily Lowan, has been on a crusade to "fight the oligarchs."
