Apparently if people vote "no" on the sales tax increase, they will be increasing property taxes instead:
http://www.theglobeandmail.com/news/british-columbia/clark-w...
Voting no to "punish" the people putting it to a vote sounds like an incredibly ineffective way of protesting. Nobody would know it was a protest except you. If you live here, why don't you actually protest instead? You don't even need voting rights for that.
I'm still unsure whether to vote yes or no. I think we need the transit improvements and the money has to come from somewhere. OTOH property tax seems like it would be less regressive than sales tax, and I'm not in favor of regressive taxes in general. So if we're really voting on sales tax vs property tax, a "no" vote would make sense, except I feel like the property tax route would be more fraught with further political drama and other difficulties and we might not actually get the needed funding.
The fact that local micro politics have a real chance of influencing the outcome of the referendum more than the quality of the plan is exactly why such a referendum is not a good idea.
Besides, what if the No vote wins? They will probably still do most of the things in the plan, but somewhat slower and with less fanfare.
If I had voting rights in Vancouver I would just vote No in protest against the referendum itself.