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Enjoy your GST cut starting today! (pg. 2)
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| Jayx1 |
| 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. |
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| 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) |
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| Jayx1 |
| 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. |
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| 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? |
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| Jayx1 |
| 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. |
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| TrickDaddE |
| 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 |
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| gek0 |
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 |
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| Spam |
| 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! |
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| 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. |
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| Spam |
| 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. |
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| psychosomatica |
| 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.. |
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| MarkT |
| 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 |
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