10% instead of 12% HST is goooood…. right? Not So Fast!!! Reality check from a reader.
The Liberals are SPINNING!With 2 or more kids it’s not hard to spend $1000 for back to school.This summer when you shop for school supplies, computer items, clothes & shoes* ( based on purchases for kids under 16, in adult sizes, which are taxed ) consider what you used to pay in tax, what you currently pay in tax, and what you MIGHT get to pay in tax in 3 years.Old System: PST (7%) and GST (5%)
Spend $1000 PAY $50.00 GST, no PST ( yay!- parents used to be able to sign a declaration adult sized clothing was for child under 16, right at the till)
Current System 12% HST
Spend $1000 pay $120.00 HST
Future System 10% HST (if they can be believed)
Spend $1000 pay $100.00 HST
I think a good deal would be to go back to that $50 tax/$1000 spending in taxes I used to pay rather than hope they follow through with the reduction that would allow me to only pay twice as much tax, at $100 HST/$1000 of spending.
I am getting tired of hearing everyone tell me that reducing the HST by 2% means we will pay less.
Just because it’s less than what we are paying now doesn’t mean it’s less than we were paying 2 years ago for many items we purchased!
Granted those items that were previously subject to both PST and HST will be lower IF they reduce in 3 years, But we first must believe they will AND then we must wait until 2014.
A one-time payment for some people with kids and low income seniors isn’t enough to pay back what I will spend.
Seems Cristy Clark and the Liberals AREN’T putting Families first after all!
BUT no worries, one of those places that has less tax now than before is some thrift stores —- we can all shop there!
* the tax amount scenario above applies to all items that used to be PST exempt under the old system that are now subject to HST such as:Lease of Alternative Fuel Vehicle and Fuel Efficient Vehicle
Purchase of an Alternative Fuel Vehicle and Fuel Efficient Vehicle
Motor Vehicle Parking
Admission to Professional Sporting Events (e.g., Hockey, Football and Soccer Games)
Driving Range Fees
Gym and Athletic Memberships
Ballet, Karate, Trampoline, Hockey, Soccer Lessons etc.
Tickets for Live Theatre
Admission to Museums and Art Galleries
Ski Lift Passes
Domestic Air, Rail and Bus Travel Originating in British Columbia
Snack Foods (e.g., Chips and Pop)
Massage Therapy Services
Certain School Supplies
Thermal Insulation, Weather Stripping and Caulking
First Aid Kits
Smoke Detectors Valued Less Than $250 for Residential Use
Food Producing Plants and Trees (e.g., Tomato Plants, Plum Tree)
Household Moving Services
Safety Helmets for Sports (e.g., Hockey Helmets, Snowboard Helmets, Bike Helmets)
Adult Sized Ski Gloves for Children
Adult Sized Ski Boots for Children
Children’s Sized Ski Boots
Adult Sized Clothing for Children
Used Adult Clothing Purchased for Less Than $100
Domestic Air, Rail, and Bus Travel Originating in B.C.
Basic Cable Television
Local Residential Phone
Repair to Certain Household Appliances (e.g., Stoves, Ovens, Refrigerators, Washers, and Dryers)
Repair, Maintenance or Renovation Services for Real Property (e.g., Plumbing Electrical Wiring)
Landscaping, Lawn-Care, Private Snow Removal and House Cleaning
Computer Software Repair Services (e.g., virus removal or software installation)
Esthetician Services (e.g., Manicures, Pedicures, Facials)
Interior Design Services
Wedding Planning Services
Catering and Event Planning Services (e.g., planning, consulting, coordinating and organizing)– ONLY those items that had both PST and HST before will see a reduction of 2%, but not until 2014 AND only if the Liberals stay true to their word.
VOTE YES to eliminate the HST to go back to the old PST/GST System.(Funny that you have to vote YES when you really mean “NO – I don’t want to keep the tax!!!” )If you decide to vote NO and keep the HST make sure you understand what it’s all about and aren’t just buying into SPIN!
Forward this to everyone in your mailbox from BC so they can make an informed choice — I did 🙂