Anti-Anti-HST

Chris Thompson, UBC law student and creator of an open letter in the form of a YouTube video addressed to former Socred premier Bill Vander Zalm (the most vocal proponent of the anti-HST movement in B.C.), appearing on the Business News Network.

Thompson’s amusing explanatory video can be seen here:

It’s interesting that in the last federal election, Smilin’ Jack Layton was traipsing around the province merrily promising that if he was elected, an NDP government would repeal the HST in B.C.– a position also supported by his provincial counterparts. More proof that when it comes to basic economics, the NDP is simply out to lunch.

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2 Comments

Filed under B.C. Government, NDP

2 responses to “Anti-Anti-HST

  1. The Trusty Tory

    I absolutely agree with you here. Jack Layton has never been able to figure finances out – just look at his last election platform. And to promise to scrap the HST in British Columbia is completely absurd, considering they need the province on board in order to do so.

  2. The Trusty Tory

    Here was a comment left at my place with regards to the HST – but more specifically, as it applies to the province of Ontario. It’s a first hand experience of its application.

    “A lot of the general public probably don’t see how messy the HST implementation has been (and continues to be) for business. As the head of a finance department for a Canadian manufacturer, I’ve had to live through a lot of overcomplications to the system. Rather than simply harmonize the taxes into a nice simple system like the way it has been in the Atlantic provinces, the system in ON/BC is full of exceptions. Where businesses would previously claim imput credits for all GST paid, they’re now faced with having to calculate recaptures of provincial portions of the HST for certain types of expenses, and even those are variable depending on the industry you’re in, and subject to gradual phase-outs over time. In short, the exceptions that Premiers Campbell and McGuinty wanted so they wouldn’t lose out on revenue after the harmonization have just made the system more complicated for business. You should see the complex calculations we’ve had to build into previously simple things like employee expenses reports–HST on fuel is treated one way, meals another, telephone another way, etc.

    I think I would prefer a system where we just simply apply the tax to everything, and if that means that total taxes go up after harmonization due to some items being taxed that were not previously taxed, then adjust the general HST rate across the board to bring the total tax to be more or less neutral. Only then will the HST really be able to make tax administration for business easier, and perhaps even make the system simpler for the Canada Revenue Agency that has to administer and audit it.”

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