B.C.’s Eby promises new tax on millionaires to help pay for health care

The Canadian Press: Documents provided by the party say that the proposed changes would start in the 2027 tax year and are projected to raise $225 million in 2026/27, $925 million the next year, and $1 billion in the year after that.

The party said that a portion of income above $1 million would be taxed at 24.5 per cent.

The portion between $265,545 and $1 million would be taxed at 22.5 per cent, while income between $190,405 and $265,545 would be taxed at 18.8 per cent…

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