Advertisements
LATEST

McQUARRIE – Chamber should take closer look before condemning budget

(Image: CFJC Today)

THE KAMLOOPS CHAMBER of Commerce decried the new BC budget of last week with an eye popping, over the top comment suggesting, “…businesses of all sizes – from dry cleaners to family logging companies — are facing the cumulative effect of crippling tax increases that will challenge their ability to invest and grow.”

Now I don’t personally know of a local dry cleaner or other small business who operates with a payroll in excess of the half a million dollars a year.  However, that is the minimum annual payroll required before the dreaded employer 1.95% MSP health tax you are against, kicks in.  And from there it is scaled until you reach $1.5 million in payroll costs.

That is not exactly going to challenge small businesses here, so despite the wringing of hands and predictions of calamitous consequences, many local small businesses will not have to pay anything.

Read More >>

Bill McQuarrie is a Kamloops entrepreneur. He can be contacted at billmcquarrie@gmail.com. He tweets @bafflegabbed.

Advertisements

1 Comment on McQUARRIE – Chamber should take closer look before condemning budget

  1. All small business members should consider withdrawing from this CofC. They are funding a business lobby group of larger companies and wealthy owners who’s real interest in anything is largely self centred.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

%d bloggers like this: