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[salmonsturgeontrout]

oh what's that I hear? oh ya a recall campaign, say goodbye to some liberal mop's

[Novabonker]

AF - You skipped over these nuggets- You're slipping Sire

The GST portion of Capital Inputs is already rebated by the Feds, so 5% of the 12% HST inputs have been getting rebated ever since the GST was introduced
In 2001, the Province eliminated the provincial sales tax on production machinery and equipment

[alwaysfishn]

AF - You skipped over these nuggets- You're slipping Sire

The GST portion of Capital Inputs is already rebated by the Feds, so 5% of the 12% HST inputs have been getting rebated ever since the GST was introduced
In 2001, the Province eliminated the provincial sales tax on production machinery and equipment

I skipped over it because I thought everyone knew that.....    The benefit to business is the rebate on the non-refundable PST they were paying before HST was introduced. Most things that a business bought (beside capital production equipment and product purchased for resale) was subject to PST and GST. For example; construction, logging and mining companies paid PST and GST on their vehicles. They also paid PST and GST on the repairs they made to those vehicles. The GST was reclaimed, however the PST was not, so it became part of their cost of production. With HST the entire tax is now rebated. I read somewhere that it's estimated that 2-3% of the cost of a product produced in BC was PST.

You could look at every single business and you'd be able to calculate the savings that they now have under HST.

On the same note it's much easier to understand the objection to the HST.......   with the Zalm being the only one educating people on HST over the last while, I can see why even the most vocal objectors of the HST don't understand it!  

[Novabonker]

On the same note it's much easier to understand the objection to the HST


You're catching on- Why would John and Mary Piffleton want to pay more taxes so Engulf and Devour Inc. has a better bottom line? Because if you can't cut the mustard....

[chris gadsden]

Received from Rafe the other day.

Rafe here -
I received this in the mail and while I can't vouch for its accuracy, it raises very serious concerns that must be answered and dealt with.

>I have worked at Elections B.C. on and off for many years...since the 1980's...retired now. I am friends with a number of people who still work there. Elections is a (was a) non-partisan office...it says so on the door. And I know from experience that the measures taken to live up to that were total at every level particularly during the tenure of Harry Neufeld (CEO) and Linda Johnson (the Deputy Chief Electoral Officer). Linda knows the Elections Act inside and out...an extremely knowledgeable and competent person who has been with Elections for 28 years..the last 19 of them as Deputy CEO. The appointment of Craig James to replace Harry was a mystery. He has no experience with Elections or the Election Act yet here he is...the CEO. (It is now clear he was hired to "clean house"). James called a staff meeting at EBC and said that he had come from the Legislature and a meeting with officials there and Vaughn Palmer (why him?)....he announced that it was Linda's last day. The staff was stunned. Could this have anything to do with the fact that the Liberals spent $780,000 on brochures to sell the HST and then weren't allowed to send them out because they hadn't followed the rules in the Election Act and Linda told them so? This is obviously a revenge firing. The time line is revealing. What is truly amazing is that there is was no reporting of this in mainstream media. This is outrageous. This Liberal government is corrupt and ruthless...if I didn't know this before I sure do now. It is a mystery to me why the NDP have not picked up on this abuse of power by the Liberals and demanded an investigation and let the public know how despicable this is. This is BC's democratic process being dismantled to suit the governing Liberal Party. The silence in the mainstream media is deafening. Craig James is "restructuring" Elections BC at the behest of the Liberals...so much for being non-partisan. The Legislative Committee asked Elections BC for advice on the HST mess. The Liberals didn't want the Deputy Chief Electoral Office answering questions about a referendum..like how much would it cost..who decides on the wording etc. Linda J got fired before she could answer this...James conveniently went to Africa the next day after the Committee met and wanted to ask this. He doesn't know anyway.

[Novabonker]

Here's some of the toady's explanation. Maybe somebody with a degree in bafflegab and ancient gibberish might be able to decipher this:

"The organizational adjustments I have made will result in more efficiency, effectiveness, economy and responsiveness and advance the managerial capacity of Elections BC.The changes I have made will offer better opportunities for emerging leaders within the office.I am confident that with the current structure, the office will be able to better execute its statutory mandate, a goal that will serve the interests of anyone who may hold the position of Chief Electoral Officer"

[Novabonker]

Wow! Google found a way to decipher that- it says" Not flyered? You're fired." or "Gordo's way or the highway".
BTW Chris- Have you been following the BC Rail trial? That's gonna leave an ugly scar.

[chris gadsden]

Wow! Google found a way to decipher that- it says" Not flyered? You're fired." or "Gordo's way or the highway".
BTW Chris- Have you been following the BC Rail trial? That's gonna leave an ugly scar.

Yes I have, the lid on the Liberal's caskets get tighter all the time. The grave has been dug and the dirt will be covering it soon.

[chris gadsden]

Yes I have, the lid on the Liberal's caskets get tighter all the time. The grave has been dug and the dirt will be covering it soon.

Posted this nearly 2 years to th date and now we see the Lib's are on their way out.

[CohoMan]

Back to socialist rule for another 4 years...

[Fillibert]

Yey the price we pay for freedom and democracy. Going to 14% tax instead of 10% and giving all that money back to ottawa postponing deficit gettingridofness. But at least we were heard and won...

[CohoMan]

It is just amazing how people do not realized they voted to increase their income tax by 2% by choosing to go back to the pst + gst system.

Good plan but was not implemented properly by the Liberals.

[chris gadsden]

It is just amazing how people do not realized they voted to increase their income tax by 2% by choosing to go back to the pst + gst system.

Good plan but was not implemented properly by the Liberals.

The HST was a benefit to the rich and big business while us poor people have to pay for it with many of us having to pick up tins and floats to survive.

 I believe Campbell at one time said it was revenue neutral, of course he said a lot of things that were untrue. Also we have a larger debt now than we had when they took power in 2001. Bassi Virk for example, 6 million dollars of legal fees paid by you and I.

If you want more details on the Liberals mistakes check out Alex, he lays it on the line.. http://alexgtsakumis.com/
They are done.

[alwaysfishn]

The HST was a benefit to the rich and big business while us poor people have to pay for it with many of us having to pick up tins and floats to survive.

 I believe Campbell at one time said it was revenue neutral, of course he said a lot of things that were untrue. Also we have a larger debt now than we had when they took power in 2001. Bassi Virk for example, 6 million dollars of legal fees paid by you and I.

If you want more details on the Liberals mistakes check out Alex, he lays it on the line.. http://alexgtsakumis.com/
They are done.

I agree that the Liberals are done. Unfortunately we will have to endure watching the NDP chase business out of the province after they get in. This is on top of the fact that the dual tax system makes our businesses less competitive with the provinces that have no PST or HST only.

The HST is a good tax as it simplifies the taxes that are required to fund the social programs people want and need. Reverting back to the silly dual tax system and paying the Feds back the money is not good for the province either.

Unfortunately it's a case of good policy being badly implemented by an arrogant leader. The reaction has been to "cut off our nose to spite our face."

[mko72]

Something I've never understood, is that Campbell kept saying "It's revenue neutral! It's revenue neutral"  If it's revenue neutral that suggests that you're not gaining extra tax dollars and WE are theoretically not paying extra tax dollars (I guess because of those pinner rebates).  So, if the province is not going to gain extra tax revenues to help pay for things like HealthCare WHY IMPLEMENT IT AT ALL?!!?!  It costs time and money to get it off the ground, if it's a financially lateral move, you just pissed away money to get it going.  Talk about a bridge to nowhere. 

That being said, I do feel that the reduced tax of 10% would have greatly simplified the taxation process and was probably break even with the 5%/7% system when all is said and done.