
Benefits of HST outweigh downside?
March 12, 2010RE-Jim Corder letter to the editor Thursday march 11
Mr Corders’ letter was very pro” Hated Sales Tax”. I was compelled to respond.
To the Editor
After reading Mr Corder’s letter I can only conclude that he has either plagiarized the Liberal propaganda on the HST, or that he should be hired by the liberals as a spin doctor. As I peek out above the top of my soon to be emptied purse I see a much different picture. The companies that will benefit most from the imposition of the “Hated Sales Tax” are the same ones that have been syphoning profits out of the Provence and out of the country for years. They “do not” “have not” and “will not” return their profit boon to the provincial economy. Profits will as usual go to shareholders and to foreign investors. Big business in the other provinces that now have the HST love their increased profits, the citizens however are not so happy. Their disposable incomes have been severely eroded. While we hear all the rhetoric about the creation of jobs in actuality we will see a loss of jobs as many restaurants fail and other marginal businesses have to close their doors throwing both the employees and the owners on the street. Instead of taxing the rank and file even more, we should look at taxing the financially obese. They wouldn’t even notice would they? Our society frowns on over indulgence of all types, except of course in business. Lets bring in something like the “Robin Hood Tax” and do a good and worthwhile thing for all the citizens of the province.
Alan MacKinnon
Nanaimo B.C.