We got the word that the HST will be no more in BC today . The referendum favoured a return to the PST and GST , so the Liberal faux pas is going to cost our porvince in the neighborhood of 3 billion dollars to revert back.
My feeling is that the HST should not have been thrown down on us in the first place the way it was. No mention of it in the last election, then we find out that the Campbell gov't was already discussing plans with the feds! This was a government out of touch with the electorate. Are we doomed to suffer because of this fiasco? My fears are yes.
First, we have to pay back the 1.6 billion that the feds gave BC for the transition to HST. Taxes will go up, and for someone like me on a fixed income, that can be a hardship.
Secondly, businesses have to reconfigure their equipment for the change back for the 2nd time in 2 years. Who do you think will pay for that?
Third, items and services that were not taxed with the previous system, that became taxed under HST, will probably stay taxed by this government so that the revenue may continue. The Liberals won't be saying anything about that, but just wait and see. They have a "Plan B" in the works. I'm scared that we won't be any better off because of the bungling by our Liberal gov't. So Christy, you got some 'splainin' to do. Smiles aren't going to get you through this one.
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