Lower the HST
The Campbell government has no mandate to implement an HST. They did not campaign on it in the recent election and people are rightly outraged at a large-scale tax reform imposed without consultation.
Simply saying NO is not realistic. The provincial and federal government have entered into an agreement including a $1.6-billion carrot to the province that is not likely to be reversed.
The most sensible course of action to capitalize on the merits of harmonization and offset the impact on household budgets is to lower the combined rate. Taxpayers have until July 1, 2010 to convince the Campbell government to reduce the provincial portion of the HST from 7% to 5% for a combined rate of 10%.
This is exactly what happened in Atlantic Canada when their HST was implemented in 1997. The combined rate in Nova Scotia for example, was reduced by 3 points. And while it meant a tax increase for many services, it meant a tax decrease for all consumer goods.
Sign our petition and please contact the premier, finance minister and your MLA to urge the tax rate be reduced to 10%.
Related Articles:
For the latest CTF media commentary on the HST, click here.
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August 09, 2009
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March 08, 2010
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January 11, 2010
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August 27, 2009
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Comments
taxed to death
I favour becoming competitive with Alberta and eliminating the PST, so we only have a 5 per cent, not 12 per cent sales tax in BC. To make this tax change possible, we would ask for an immediate $5 billion cut in spending.
The first place to cut is corporate welfare. The government could start by eliminating the Innovative Clean Energy fund that funnels our tax dollars to corporations such as Terasen Gas and Nexterra.
I would be happy to hear other suggestions for cuts to government spending so we can accomplish this much needed tax cut without leaving future generations with an even bigger legacy of debt.