NDP budget ignores basic physics, history

Re: “NDP budget hikes taxes on rich to pay for social spending,” Sept. 12. Do any of the NDP elect understand basic high-school physics or history?

Newton’s third law of motion state that “for every action, there is an equal and opposite reaction.” By increasing income tax paid by the wealthy, Premier John Horgan and his caucus, with their misplaced ideologies will, as in previous NDP governments (note “history”), drive B.C.’s economy into the ground.

In general, industries and the very wealthy will react (note “physics”) in one or more of the following ways to the move to increase taxes on higher-income earners: They will move their business or money out of the province (as in the past) to where taxes are more reasonable; they will lay off employees or reduce employee hours; or they will increase prices proportionately to compensate for their income loss, all of which hurt provincial revenue and the ordinary taxpayer.

It appears that the NDP is intent on repeating its history of providing increased revenue to other provinces or countries by driving the wealthy (along with the benefit of their tax contributions), out of B.C. Who then, will be left to generate all the money the NDP plans to spend?

Although Newton would be proud of Horgan and the NDP for demonstrating living proof of his third law, I have a feeling there will be little thanks given from the people of B.C. for another NDP-initiated recession. Heather Robertson Courtenay