The Gov't of BC announced that BC will be 'Harmonizing' Provincial sales tax with the Federal GST, and said it will be revenue neutral. Harmonization will mean that there will be many fewer items that will be tax exempt now. Bottom line: More revenue will be collected.
Many groups including our MLAs want you to believe it will be revenue neutral but it sure doesn't look that way to me. The government in Ontario is giving each resident a $ 1000. cheque. Our government should forget about doing the same in BC. It will not even begin to pay the first year increase in costs. Remember the $ 100.00 we received when the carbon tax was introduced.? Let's send a message to our MLA, talk about it to your friends, send this email to everyone you can think of.
These figures don't include some major key items such as car and home insurance going up 7%, home heating oil and gas for your car and natural gas for your home are going up 7 %. Just think about this the next time you eat in a restaurant. The entire bill will be taxed at 12% and the suggested tip is 15% for a total of 27%. Trips to chiropractors, naturopaths and other important services up 7%, Home purchases, used car purchases and many more that no one has thought about yet.
It is time to act before it is too late. This is done to save business money by combining the two taxes (PST and GST) but there are already exceptions so why is there a need to add PST to items that don't have PST on them other then as a tax grab.
Let those MLA's know how unhappy we are. eric.foster.mla@leg.bc.ca, gordon.campbell.mla@leg.bc.ca
premier@gov.bc.ca
THE TAX GRAB 7% more for NOTHING more !
Seniors living in retirement enjoy a lifestyle different than the one they lived while at work. In retirement, to be active, often means paying a fee, a membership, an admission, a subscription or for costs for travel, etc. We have calculated that the impact of this will be more costly for seniors, than anyone has reported.Consider a retired couple, receiving total retirement income of $41,400 after tax per year, healthy enough to enjoy some comfort in retirement. Many of those items used on a daily basis will now be subject to an 7% cost increase, because of the new harmonized sales tax introduced by the Liberal government.
Look at just a few of those items that will cost more, without getting more.
Cable TV: if $60 monthly, yearly increase is $50.40 more.
Golf Fees: if $1,500 yearly X 2, yearly increase is $210.00 more
Gym Membership: if $35 month X 2, yearly increase is $58.80 more.
Hydro: if $85 monthly, yearly increase is $71.40 more.
Haircuts: if $450 annually for 2 people, yearly increase is $31.50 more.
Heating Fuel: if $1000. annually, yearly increase is $64.00 more.
Internet: If $65 monthly, yearly increase is $70.00 more.
Income Tax Prep. If cost is $150 X 2, yearly increase is $21.00 more.
Legal Fees: for wills, P.Of A., advice, etc. Add 7%, ??? more
Hockey/Football/Baseball Game Tickets ??? more
Magazine Subscription: ??? more
Movie Tickets: one per month X 2, yearly increase is $20.16 more
Newspapers Subscription: $20 monthly, yrly incr. Is $16.80 more
Curling Fees: if $600. yearly x 2 is $84.00 more
Telephone: if $48 monthly, yearly increase is $40.32 more
Echo Players/Bard to Broadway, Chemainus Theatre Tickets: ??? more
Vacation Travel: $450 airline ticket X 2, yrly increase $63.00 more
Veterinarian: Beagle is Family! Add more.
Vitamins: Add more
Tim Hortons Coffee: 3 per week X 2, yrly increase is more
Are you ready for the TAX KICK coming? For just these listed items.NEW TAXES OVER $2,100.00 MORE Every year.
IS THIS A NEW HIDDEN TAX TO HELP PAY FOR THE 2010 OLYMPICS?...you bet it is !
THIS TAX IS COMING IN 2010 !!
2 comments:
Hidden Tax my ass. This is another typical Tax grab like the NDP Bolsheviks in the 90's.
"Just for these listed items new taxes over $2,100.00 more every year".
That list adds up to $801.38, plus the ones that are listed as ???
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