Steady stream of income

Okay, one last post on MSP premiums. I swear. I really mean it this time.

While just about every other form of revenue has had swings up and down over the past decade, MSP revenues have grown at a remarkably steady rate:

I suspect this is a product of the MSP’s “unfairness”. Unlike income taxes, corporate taxes, or resource revenue, MSP premiums don’t go down along with economic downturns and decreased income. They increase along with population growth.

I wonder why the BC government would want to tamper with them at all, given how much they’re making off the old scheme?

• 2015 British Columbia Financial and Economic Review, Table A2.6 Revenue by Source Supplementary Information – 2003/04 to 2014/15
• Budget and Fiscal Plan 2016/17 – 2018/19, Table A10 Revenue by Source Supplementary Information – 2009/10 to 2018/19