New Democrat Leader David Eby says he’s making a tax relief election promise that will benefit more than 90 per cent of people in British Columbia.
He says the NDP would implement an annual tax cut of $1,000 for the average family starting next year if elected to form government on Oct. 19.
Eby says the plan will exempt $10,000 of individual income from annual taxes every year, which will reduce taxes by more than $1,000 for most households and more than $500 for individuals.
Eby’s tax relief promise comes less than one week after B.C. Conservative Leader John Rustad promised, if elected, a tax relief plan for renters and homeowners starting at $1,500 per month in 2026 and peaking at $3,000 per month in 2029.
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Rustad’s plan, which he calls the Rustad Rebate, will exempt …