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-- Enjoy your GST cut starting today!
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Posted by Jayx1 on Jul-01-2006 15:19:

Enjoy your GST cut starting today!

yeah i know its not much. But everyone would be bitching hardcore if it went UP by 1%. So enjoy because its not every day that taxes actually go down!


Posted by Sly_Guy on Jul-01-2006 17:06:

put that 1% toward something useful. I was never gonna notice that penny on the dollar anyway.

Just my $0.02


Posted by timmyboy on Jul-01-2006 22:20:

not only wont the consumers notice it... most stores will keep it to themselves. items that add up to $1, $2 etc.. wil still be worth the same


Posted by psychosomatica on Jul-01-2006 22:59:

nono.. 1% is a good start.


Posted by Abercrombie on Jul-01-2006 23:02:

I saved about 60 cents today.


Posted by dnmr on Jul-02-2006 01:28:

buying a house in this next year, will save me $3000 not too shabby
-pett


Posted by 7-4-7 on Jul-02-2006 01:30:

I can feel myself getting richer by the penny.


Posted by rabbitjoker on Jul-02-2006 01:42:

quote:
Originally posted by dnmr
buying a house in this next year, will save me $3000 not too shabby
-pett


You don't have to pay GST on the purchase price of a used residential home.


Posted by Spam on Jul-02-2006 04:54:

I saved 2.32 today.

that's more than 600 bucks a year! All I need to do is spend 232 dollars a day!


Posted by gek0 on Jul-02-2006 15:41:

But remember folks ... now that the Government has cut GST 1% .. it has raised taxes on Beer to counter the loss it will take on the gst ...


Dont always think that cutting is good .. even tho its good to see gst go down .. its sad to see other things go up in light of it


Posted by *~LiSa-LoO~* on Jul-02-2006 16:15:

1% is 1%...every penny counts! Woot!


Posted by psychosomatica on Jul-02-2006 16:33:

quote:
Originally posted by gek0
But remember folks ... now that the Government has cut GST 1% .. it has raised taxes on Beer to counter the loss it will take on the gst ...


Dont always think that cutting is good .. even tho its good to see gst go down .. its sad to see other things go up in light of it


If that's true I have a problem with it.... That would be the government playing mommy and declaring merit and non-merit goods..


Posted by Jayx1 on Jul-02-2006 17:02:

quote:
Originally posted by psychosomatica
If that's true I have a problem with it.... That would be the government playing mommy and declaring merit and non-merit goods..


Government playing mommy is what they do best these days.


Posted by psychosomatica on Jul-02-2006 17:10:

GST was already considered a regressive tax... it becomes even more regressive as you transfer the costs over to alcohol. I don't have hard figures.. but it's not too farfetched to say that poorer people tend to drink more.... this could potentially put more people on the streets as it reduces their incomes further.. (ok it might be an exaggeration.. but it will definitely reduce their disposable incomes.. possibly with adverse effects on the children of alcoholics)


Posted by Jayx1 on Jul-02-2006 17:41:

quote:
Originally posted by psychosomatica
GST was already considered a regressive tax... it becomes even more regressive as you transfer the costs over to alcohol. I don't have hard figures.. but it's not too farfetched to say that poorer people tend to drink more.... this could potentially put more people on the streets as it reduces their incomes further.. (ok it might be an exaggeration.. but it will definitely reduce their disposable incomes.. possibly with adverse effects on the children of alcoholics)



sin taxes are stupid i agree. Its idea is one of the earliest forms of social engineering in this country. That, and last call.


Posted by TrickDaddE on Jul-02-2006 20:48:

What I dont like is the staggard approach of 1% per year.

It will Cost Retailers and Businesses more to implement the change each year?


Posted by Jayx1 on Jul-02-2006 21:50:

quote:
Originally posted by TrickDaddE
What I dont like is the staggard approach of 1% per year.

It will Cost Retailers and Businesses more to implement the change each year?


it takes 5 mins to reprogramme the cash register. All the whining is for nothing.


Posted by TrickDaddE on Jul-02-2006 23:46:

quote:
Originally posted by Jayx1
it takes 5 mins to reprogramme the cash register. All the whining is for nothing.


It did not take 5 mins at my work, thats all I know.

I also know that what ever % I pay in Tax I do NOT get to repay it over a certain % each year! lol


Posted by gek0 on Jul-03-2006 00:06:

soo .. i was at the beer store .. and MGD was on sale for 39.95 a 24 ... which was good

but some beers were up as much as 4 dollars .. !!!!! omfg ... lol


Posted by Spam on Jul-03-2006 04:13:

quote:
Originally posted by psychosomatica
GST was already considered a regressive tax... it becomes even more regressive as you transfer the costs over to alcohol. I don't have hard figures.. but it's not too farfetched to say that poorer people tend to drink more.... this could potentially put more people on the streets as it reduces their incomes further.. (ok it might be an exaggeration.. but it will definitely reduce their disposable incomes.. possibly with adverse effects on the children of alcoholics)


Poor people tend to drink more, so we should lower the price of alcohol?

Has it occured to you at all that these "poor" people would probably be middle class if they would stop wasting their money on alcohol? Sin taxes are meant to discourage use of certain products, without banning them entirely. I'm a huge fan of sin tax. If you don't want to spend more on booze, stop drinking!


Posted by psychosomatica on Jul-03-2006 04:30:

The problem is that goods like cigarettes and alcohol have inelastic demand curves. I believe that it makes sense to tax these goods more to pay for their effects. Such as cigarettes being correlated with cancer.. leading to higher health care costs. Alcohol to a much lesser extent. I don't think we should tax for the sake of taxation and attempting to dictate which goods should be taxed more or less. Some goods should not be allowed at all.. (Try to get the FDA to pass cigarettes as a product, they wont.. the only reason cigarettes are allowed is because it was marketed as a product which did not fall under FDA jurisdiction, but I digress). A tax will do nothing but collect more money. Taxation is an ineffective way of discouraging use.


Posted by Spam on Jul-03-2006 04:35:

quote:
Originally posted by psychosomatica
The problem is that goods like cigarettes and alcohol have inelastic demand curves. I believe that it makes sense to tax these goods more to pay for their effects. Such as cigarettes being correlated with cancer.. leading to higher health care costs. Alcohol to a much lesser extent. I don't think we should tax for the sake of taxation and attempting to dictate which goods should be taxed more or less. Some goods should not be allowed at all.. (Try to get the FDA to pass cigarettes as a product, they wont.. the only reason cigarettes are allowed is because it was marketed as a product which did not fall under FDA jurisdiction, but I digress). A tax will do nothing but collect more money. Taxation is an ineffective way of discouraging use.


Better than banning the item outright and then wasting millions of dollars trying to stop the black market that results, shrug.


Posted by psychosomatica on Jul-03-2006 05:25:

What you're advocating is a spineless government. "we don't like it so we'll tax it.. but we won't ban it outright cuz we don't have the balls to" Taxation causes smuggling too..


Posted by MarkT on Jul-04-2006 06:01:

quote:
Originally posted by Sly_Guy
put that 1% toward something useful. I was never gonna notice that penny on the dollar anyway.

Just my $0.02


+1


Posted by Jayx1 on Jul-04-2006 11:26:

So far since Saturday ive saved $5.

Better in my pocket than theirs! Thats $5 more to spend on other things and create jobs.

I cant believe that people are bitching about A TAX CUT!!!

Are canadians that spoiled?? really


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