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> If you mention health insurance for the taxes, that's actually taxed to employers in BC, not employees, so it's not part of the taxes I pay. There may be a t
by stormbrew 6y ago
> If you mention health insurance for the taxes, that's actually taxed to employers in BC, not employees, so it's not part of the taxes I pay.
There may be a tax on employers specifically labelled as some kind of health tax, but your health insurance coverage is being paid for out of general provincial government revenues and some (actually: a lot) of your taxes are absolutely going towards paying for health care.
Fees like the one you're talking about are just a way to shift some of the tax burden off of individuals.
Editing to add some specifics:
- when implemented it was estimated the health tax would replace the $2.6bn from fees previously collected with $1.9bn of tax revenue: https://tricitieschamber.com/backgrounder-employer-health-tax-payroll-tax/ https://tricitieschamber.com/backgrounder-employer-health-ta...
- BC health care spending $21.5bn in 2020/2021: https://vancouversun.com/news/politics/b-c-budget-2019-health-care-spending-tops-20-billion-a-year https://vancouversun.com/news/politics/b-c-budget-2019-healt...
- Izikiel43 6y agoThanks for the info. So you are saying that bc income tax is also going to fund healthcare?
- stormbrew 6y agoBC income tax as well as federal income tax[1] by way of transfer payments from the federal government to the provinces specifically designated as being for health spending (the carrot&stick the federal government uses to regulate health care across the country). Specific fees or levies for health care in canada are a drop in the health spending bucket. ([1] federal spending and taxing is more complicated than this and they are not coupled in the same way provincial spending and taxing are but that's not super relevant here)