ICBC bosses should take 40% pay cut
Dear Editor:
It appears that our provincial government, along with ICBC, have snuck another one under the radar.
I was flabbergasted after buying a fiveyear-old Harley Davidson, only to discover I was being taxed at 12%. When I inquired about why I had to pay both taxes on a used vehicle, I was told we only pay the PST, but an amendment brought in by ICBC and the John Horgan government puts the PST on used vehicles at 12% (at least that's how I understood the explanation.)
Another unconfirmed incident from a local Facebook page stated that a senior recently went to renew his auto insurance, only to discover the price had inexplicably increased by $300. When he inquired as to why, he was allegedly told by the agent that ICBC is $1 billion in the red, and that they had to recoup it somehow. If this is in fact true, then I must say that I am sick and bloody tired of the 99% paying for the mismanagement of the 1%. I also think that if this is true, then ICBC executives should take a 40% pay cut straight across the board — but we all know you have a better chance of winning the Lotto-649 twice in the same week before that would happen.
What happened to rewarding good drivers and punishing the bad ones? Was all that just a bunch of hot air? I guess so. Only time will tell. I renew my truck insurance in November, and do not have so much as a speeding ticket on my record. We will see how much they want this time around.
I will get back to you all on this.
Mark Billesberger
Penticton