Reforms to British Columbia’s provincial sales tax could increase workers’ annual earnings by as much as $1,700, a newly released study says.
If B.C. replaced its provincial sales tax (PST) with a tax that combines both provincial and federal taxes into a harmonized sales tax (HST), it would encourage investment in the province and increase workers’ average hourly earnings anywhere from $700 up to $1,700, says the Fraser Institute report.
