B.C. NDP Leader David Eby found himself on the defensive Monday over his plan to hike taxes on high-income earners, which his opponents have dubbed a “doctor tax” that will make it harder to recruit physicians to the province.
Anyone struggling to afford housing while making $190,000 (let alone more) is either grossly incompetent with money or is confusing “struggling to pay for housing” with “not being able to afford as big or fancy a house as they’d like”. If you go with the standard 30% for housing costs vs income (which to anyone making $80,000 or less is impossible), you’re looking at $4750/month. That’s not a struggle by anyone’s definition.
Yes. I think you fundamentally misunderstand what struggle means. $4750/month is enough to rent a super nice place or a mortgage on a decent detached house (nothing fancy but just under a million). And that’s not to mention the other $5000+/month leftover after taxes.
I don’t think there are too many family doctors making over a million a year.
Even family doctors struggle to pay for housing in the Victoria area.
Anyone struggling to afford housing while making $190,000 (let alone more) is either grossly incompetent with money or is confusing “struggling to pay for housing” with “not being able to afford as big or fancy a house as they’d like”. If you go with the standard 30% for housing costs vs income (which to anyone making $80,000 or less is impossible), you’re looking at $4750/month. That’s not a struggle by anyone’s definition.
Buddy have you seen the housing listings in Victoria?
Yes. I think you fundamentally misunderstand what struggle means. $4750/month is enough to rent a super nice place or a mortgage on a decent detached house (nothing fancy but just under a million). And that’s not to mention the other $5000+/month leftover after taxes.