Kamloops-North Thompson MLA Peter Milobar re-introduces legislation to cut tax on resold vehicles worth less than $20,000
The B.C. Liberal opposition on Wednesday re-introduced legislation to reduce taxes to make buying a used car more affordable.
“Last spring, in the middle of an affordability crisis, the NDP announced they would be increasing the tax on used vehicles, taxing people on what the NDP deems the vehicle’s value to be, rather than the sale price,” said BC Liberal Finance Shadow Minister Peter Milobar. He pointed to the MNP Consumer Debt Index, which shows 44 per cent of British Columbians are less than $200 away from insolvency at the end of each month.
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