03-12-2010, 05:21 PM
Thanks, Charlie, but we grow our own idiot politicians, more suited to these northern latitudes. 
Commencing July 1st, all items on which we currently pay only the 5% Federal GST (Goods and Services Tax) will be taxed under the new HST (Harmonised Sales Tax), which is basically a combination of the GST and the 8% PST (Provincial Sales Tax). Similarly, items on which we currently pay only PST will be subject to the new HST.
In addition to most goods other than food, this tax will apply to almost everything, such as gasoline, home heating fuel, electricity, real estate fees, legal fees, haircuts, newspaper subscriptions, funerals, home and car insurance, train and airline fares, new and used cars, and new homes, too.
For homes under $400,000.00, we'll pay the tax but get a rebate. Homes up to $500,000.00 will get a smaller rebate and on homes over $500,000.00, the purchaser will pay the full 13%.
Wayne
Commencing July 1st, all items on which we currently pay only the 5% Federal GST (Goods and Services Tax) will be taxed under the new HST (Harmonised Sales Tax), which is basically a combination of the GST and the 8% PST (Provincial Sales Tax). Similarly, items on which we currently pay only PST will be subject to the new HST.
In addition to most goods other than food, this tax will apply to almost everything, such as gasoline, home heating fuel, electricity, real estate fees, legal fees, haircuts, newspaper subscriptions, funerals, home and car insurance, train and airline fares, new and used cars, and new homes, too.
For homes under $400,000.00, we'll pay the tax but get a rebate. Homes up to $500,000.00 will get a smaller rebate and on homes over $500,000.00, the purchaser will pay the full 13%.
Wayne