Saturday, December 05, 2009

Another Tax on a Tax in B.C.'s Future

http://vernonblog.blogspot.com/2008/08/ottawa-cashing-in-with-tax-on-bcs.html

B.C. Finance Minister Colin Hansen said he is powerless to stop Ottawa from having tax on the carbon tax. When British Columbia's much disputed carbon tax kicked on July 1st, Victoria said it would be revenue neutral, the money generated would be returned to taxpayers. But it turns out Ottawa is cashing in by collecting the GST on top of the carbon tax.

BC Finance Minister Colin Hansen says there is nothing he can do. "I personally disagee with the concept of a tax on a tax but that's the way the federal government has the GST set up,'' he said.

Actual E-Mail Reply from Finance minister Oct 2, 2008 regarding GST on Carbon tax. (good reading as he puts the blame on the FEDS for allowing GST to be charged on top of B.C.'s carbon tax. )

  • BC GOVT. HST Website: However, the B.C. HST would be applied to the purchase price including any carbon tax on all other fuels such as heavy fuel oil, propane, butane, natural gas and ethane. (Dec. 5/2009)
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