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Unpopular HST will create jobs, better pay in B

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Unpopular HST will create jobs, better pay in B.C: report


Political | 206788 hits | Mar 08 12:12 pm | Posted by: tritium
48 Comment

The harmonized sales tax, which takes effect July 1, will spark higher wages and create 113,000 new jobs, a new report commissioned by the B.C. government says.

Comments

  1. by avatar tritium
    Mon Mar 08, 2010 8:19 pm
    HST will create jobs... not sure it will do that.

    HST will spark better pay, yeah so people can pay the extra 5% GST tagged unto everything now.

    What a scam, what a joke the BC Liberals turned out to be... (warning to the rest of the nation when the national election comes round)

  2. by avatar PublicAnimalNo9
    Mon Mar 08, 2010 8:28 pm
    Yeah, we 're getting the same line of bullshit in Ontario. McFlinty claims that when it's put into place Ontario would wind up with a $2.1 billion short term loss.
    He claims that 93% of Ontarians will see a personal tax cut. Yet I have no doubt that with the increased taxes on some items, and other previously untaxed items being taxed, that personal tax cut will amount to about 3/5 of fuck all.

  3. by avatar DVC185
    Mon Mar 08, 2010 9:51 pm
    Hmmm.....I wonder how those Atlantic provinces that have the HST (or a variation) are faring?

    Are Albertans flocking to Nova Scotia now for jobs??? 8O

    Anybody down east that can comment on their HST/BST???

  4. by avatar PublicAnimalNo9
    Mon Mar 08, 2010 9:54 pm
    The HST itself isn't a bad idea, actually, it makes sense. It's all the extra baggage that our intrepid assho..I mean leaders add to the idea.

  5. by avatar HaRdLy
    Mon Mar 08, 2010 9:57 pm
    My wife and I are seriously thinking of moving back to Alberta from Ontario. With the crap job market, higher taxes year after year, and now this, we aren't sure staying here is an option any longer.

  6. by Regina  Gold Member
    Mon Mar 08, 2010 9:59 pm
    "PublicAnimalNo9" said
    The HST itself isn't a bad idea, actually, it makes sense. It's all the extra baggage that our intrepid assho..I mean leaders add to the idea.

    Exactly.....!!

  7. by avatar saturn_656
    Mon Mar 08, 2010 10:32 pm
    "HaRdLy" said
    My wife and I are seriously thinking of moving back to Alberta from Ontario. With the crap job market, higher taxes year after year, and now this, we aren't sure staying here is an option any longer.


    Diddo. Moving to Alberta is also an option me and my wife have been considering, depending on the outcome of a job opportunity. In Ontario I seem to be paying more and more taxes but get sweet bugger all for it.

    The kicker was the health care premium, when our local hospital seems to offer less in service than it did say ten or fifteen years ago. My wife had to go to Winnipeg to give birth to our child.

    Sometimes I wonder what the hell I am paying for?

  8. by avatar Freakinoldguy
    Mon Mar 08, 2010 11:08 pm
    "DVC185" said
    Hmmm.....I wonder how those Atlantic provinces that have the HST (or a variation) are faring?

    Are Albertans flocking to Nova Scotia now for jobs??? 8O

    Anybody down east that can comment on their HST/BST???



    Here's an article I found that explains why the Maritimes benefited from the HST.

    Are you wondering what the major differences between the Atlantic Canada Maritime HST and that of the newly introduced B.C. HST are? Look no further as this article examines the differences between the pre and post Harmonized Sales Tax processes between Newfoundland, New Brunswick, Nova Scotia and now British Columbia. Some fundamental differences between the BC HST versus the Maritime HST are quite surprising, but the BC Liberal Government certainly has tried to squeek this by the general public during the summer.



    Story Highlights
    � The Maritime HST was introduced in 3 Maritime provinces in 1997 including Newfoundland/Labrador, Nova Scotia and New Brunswick. BC HST is set to be introduced in 2010.
    � The Maritime HST REDUCED the combined tax rate upon introduction: Newfoundland (from 19% to 15% to 13%) and Nova Scotia and New Brunswick (from 18.7% to 15% to 13%). The BC HST DOES NOT reduce the combined tax rate as it is 12% (7% PST plus 5% GST) making consumer goods and services more expensive as most items were not previously taxed the 7% PST tax. � The Atlantic Canada HST has INCREASED capital investment. The B.C. HST should increase capital investment, but that is yet to be determined.
    � The Maritime provinces consulted with business and other industries prior to the introduction of the Harmonized Sales Tax. British Columbia did not consult with any industry or consumer group prior to their announcement. The BC Liberal Government also broke their election promise.


    Seems to me that it worked for the people in the Maritimes by lowering their tax rate which is something that's not gonna happen in BC or Ontario. who will see a significant tax increase.

  9. by avatar poquas
    Mon Mar 08, 2010 11:19 pm
    What's really out to lunch is the 500K exemption for a house. There isn't much available in that price range in Metro Vancouver. Hell , if I sold my house and property based on the last evaluation I got, you could buy a nice condo in Vancouver just on the taxes.

    The HST is a massive tax grab and we're being sold on its benefits with outright bullshit.

  10. by avatar Freakinoldguy
    Tue Mar 09, 2010 1:26 am
    You're absolutely correct. Like everything else the BC Liberals have done it the past 12 months this is just another massive tax grab, used to cover the fiscal ineptitude of the twits in Victoria.

    They've raped BC hydro for millions, ICBC for Millions, and now are instituting the HST, all the while claiming to be running a financially prudent government that hasn't raised taxes.

    They don't seem to think that taking our money from crown corporations and then increasing the user fees for those same corporations to cover the cost of the lost funds are taxes?

  11. by avatar DVC185
    Tue Mar 09, 2010 1:59 am
    Interesting...thanks for that Mr Oldguy. I left Labrador in 93 for Alberta and didn't follow what was happening in the East too much after that.

    Kids and grandkids are back in Alberta so moving back there is my preferred option...just gotta wait until the in-laws die!!! XD

  12. by Lemmy
    Tue Mar 09, 2010 2:00 am
    "DVC185" said
    Hmmm.....I wonder how those Atlantic provinces that have the HST (or a variation) are faring? Are Albertans flocking to Nova Scotia now for jobs??? 8O Anybody down east that can comment on their HST/BST???


    You're not blaming the Atlantic's economic woes on the HST? The Maritimes have been the most depressed region of the country for a lot longer than sales taxes have been levied.

  13. by avatar DVC185
    Tue Mar 09, 2010 2:10 am
    Lemmy...I lived in Newfoundland and then moved up to Labrador before I won a move to Alberta. It was hard times back then and I was just wondering on the impact of the blended taxes and if capital investment increased. Of course, we do not know how much it has increased or the number of jobs created. Somehow, I can't see this HST in Ontario as saving this place...

  14. by Lemmy
    Tue Mar 09, 2010 2:22 am
    Dude, you asked whether "Albertans were flocking to Nova Scotia". That implied, to be, that you were suggesting that Albertans WOULD be, if not for the HST. I was just asking.



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