Hope we didn't cut off our nose to spite our face. I'm still no wiser about which way is best.
Is it the H.S.T. that's wrong or the way it was brought in that was wrong?
- Thread starter JLM
- Start date
Hope we didn't cut off our nose to spite our face. I'm still no wiser about which way is best.
Maybe this will help 'wisen' you up, JLM. :smile:
Report lists pros and cons of HST and PST/GST | Local News | Dawson Creek Daily News, Dawson Creek, BC
I think that it is a matter of taking a long term view as opposed to a short term gain. It seems that in the long term there would be a tax saving - if the report is to be believed. Mind you, I did wonder how 'independent' anyone could truly be when it came to the HST. :smile:
Power to the people, brother. :smile:
How this entire HST fiasco will play out in the future is really anyone's guess at this point. Though the government was able to implement the tax almost immediately upon announcing it, they now say it will take TWO YEARS to get rid of it. Just shows me how deep Campbell actually was into planning for the tax, as he stood before us and flat-out lied about bringing in the HST.
That said and differing opinions aside for now, I am proud of my all fellow BCers who voted in the referendum. Good on you, folks.
I can only think of one example off hand- H.S.T. apparently (from what the business community tells me) makes the cost of doing business cheaper, so it would follow (if they are honest) they can deliver the goods cheaper. If we can believe our illustrious premier it would mean less tax as she was going to drop the rate from 12% to 10%. Whether I believe her or not I haven't made up my mind yet! :lol:
They got you hook, line and scphincter. Name one product that has dropped in price from moving manufacturing overseas or to Mexico.
Without customers with money, business is doomed and prices only increase to recoup losses.
Now you are scaring me, mind you that evaluation was based largely on the Peace River area. I don't think it's hard to see how reverting back could take 18 months, as no doubt binding contracts have been signed, so I wouldn't imagine there would be a hope in Hell of clearing them up this fiscal year, so now for the sake of expediency another full fiscal year is involved. Budgets are generally drawn up once a year in the Spring. :smile:
Well, yeah, the little man always gets screwed! :lol:
There you go with the bum darts again! What ticks me off is that we have to buy our own Vaseline. Cheep pricks!
What irked me was not so much that they brought it in, but that they couldn't shave a few cents off since their now collecting on services that the old PST never did.
I mean, cripes, throw us a frickin' bone here.
In all honesty, it is more positive from the business owner's standpoint, in administrative and accounting costs alone. Streamlining your returns and reporting requirements always is. And by business I don't just mean GM and Rogers, I'm talking about small businesses that had to file separate sales tax returns for provincial tax collected and expense the provincial tax they paid on some goods.
But since the province is now collecting on services instead of just goods here in Ontario, they have increased their revenue source so the least they could have done is reduce the provincial portion of the tax. It also might have made the pill a little easier to swallow. You know what they about a spoonful of sugar right?
Upon perusing the results of the various constituencies I'm even more baffled now. The constituencies most in favour of keeping the H.S.T. are the ones with the wealthiest people, so you would think the tax would be even more detrimental to them as opposed to the "dirt poor" ridings who opposed it bigtime. Makes absolutely no sense to me! :smile:
