HST: What Do You Think?
Hello readers of “The Blog From the Fog”
I would like to write about my opinions about the HST, but I seem to be missing some information. What do you think about the HST and why? Tell us your thoughts on how the HST will affect BC Small Business. Are there any negatives to the HST and if there are, is there any point in fighting it, at this point? Will the consumer be better off or is this strictly a benefit for the businesses? Is this just a tool for the Feds to get more power over the provinces? If it is, then why would the provincial government give in?
Let us know what you think and where we can get some more readings on the HST
Thanks
Rick Cleghorn, Foghorn BDS
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Hey Rick, I had a conversation with someone regarding the HST not long ago. It went along the lines of this: a number of years ago they removed the hidden federal tax and instituted the GST, a prime minister promised in his ad campaign to abolish the GST, he served two terms and there was no removal of GST, currently we have a reduced GST and the proposed HST. How exactly are the voting populace being served in this ‘democracy’? I thought that basics like groceries were always touted to be exempt from PST but they wont be from HST? If someone can let me know where and what this HST will be applied to in a positive manner I would really like to know. If it is going to disappear like the GST into the coffers and pockets of politicians, I have a problem with that. How will it affect my business? Not much, I have reworded my contracts and estimates to ‘plus applicable taxes’ from ‘ plus GST’ to cover my posterior. I wonder if this new tax is to offset the funds allocated to the home renovation tax credit? I would hope that in the long run, the voters would be able to decide on which politician they wanted to represent them based on his or her campaign plans/promises instead of the current process of electing someone based on their campaign then having them proceed with agendas and actions they never mentioned before we had to decide on whose name to place a check mark next to.
Thank you, Paul, for your input. It is true; You are always “online”. Your points clearly outline why, I am want to write this article, but I need to gather more info. I seems scarce when I surf the web.
I will see what I can pull together, but in the meantime, maybe we can have some good dialogue here. Feel free to pass this on to others and get them to contribute their ideas.
cheers
I think, like most people (Paul included), my reaction to the proposed HST is ‘why weren’t we told beforehand?’. With no mention of it until now as “times have gotten tough” the whole situation becomes very seedy. Like Rick, I have not been able to find concrete info on how exactly the new tax will effect small businesses negatively or positively. The main idea I have been able to find is that it seems the implementation of the HST tax is the best approach for the government to be able to tax more areas of production and services. In a time when most businesses (and individuals) are trying to pick themselves up after bringing hammered by a poor economy the government’s approach comes across as greedy and unnecessary.
However, as I don’t feel like I am totally informed about the HST I could not say 100% that I am against it. There are petitions and surveys going around to stop the implementation but I am hestitant to take sides when I’m not sure what the sides are.
Best of luck with your research Rick, I know many will be appreciative with your continued efforts on this topic.