Canadians taking advantage of GST reduction
Besides $ 30 000, or even $ 50 000 a year disposable isn't a whole hell of a lot if you have kids, mortgage payments, car payments, food and other bills. Being overseas, I have to pay for tuition at a private school (public schools are out of the question for most foreign kids) and a nanny and that takes another big bite out of the pay cheque. I know we can't count on a pension from the government, so that takes care of a big portion of my wife's income. There's university/college to consider for the kids too and that is not cheap. In the end, I also like to enjoy the nicer things in life. I've put up with being a poor student and lived and worked in places that were real cesspits to be able to afford a 'comfortable' life, not an extravagent one.
lily lily:
Sorry, but 1% is nothing.
I saw an ad for some place advertising a "double the GST off" sale. Whoopie... 12% savings.
I don't even go into a store unless I see minimum 30% off.
$300/year would pay one month's gymnastics fees for my kids... but I seriously doubt I'm in that tax bracket.

You must not go into many stores.
1% may be "nothing" to you, but rather than invisible income tax cuts, we see this every time we purchase something.
Banff @ Mon Jul 03, 2006 10:55 pm
lily lily:
YOu wouldn't believe the places I shop - I rarely pay full price... unless I really like the item.

I'd be more impressed with the 1% cut if it weren't more than offset by increases in other taxes, like the aforementioned income tax and that on hard liquor.
exactly sin taxes are horrible in this country it never was so bad why now ? why in the last decade and not before , why ? what does medicine know now that they didn't know a hundred years ago . I look forward to the lawyers or persons who step up to the plate and beat the sin taxes down because the only people who should benefit from those taxes paid are the sinners and unless those taxes pay some serious benefits to the sinners like state life insurance or the best medicine money can buy someone just may step up to the plate and beat it down or at least get some rational benefits out of it for the sinners . Sin tax payers are not nickel and dimers they are elite tax payers .
RUEZ @ Mon Jul 03, 2006 11:01 pm
lily lily:
Sorry, but 1% is nothing.
Considering that the average new home in Canada is now above 300k saving 1% is indeed something.
RUEZ @ Mon Jul 03, 2006 11:10 pm
lily lily:
On a big ticket item, sure. But how many houses do you expect to buy in an average year?
Thing is - we're going to be taxed whatever way. The government (lib or con - doesn't matter) isn't going to be collecting any less this year.
So therefore we should still pay 7%? Remember it's 1% now, another % hopefully in the near future, and ultimately I hope no GST at all.
RUEZ @ Mon Jul 03, 2006 11:15 pm
lily lily:
Sure... but the gov't isn't going to give up a cash cow like the GST without compensating elsewhere.
Which taxes do you want raised to balance the books?
WE have a surplus that money needs to come back to the people that own it.
Dimcl @ Mon Jul 03, 2006 11:39 pm
lily lily:
It should be used to pay down the debt.
But you're kinda evading the point.

The point is that this all about optics for the next election... Mr. Harper can stand there and tell the good Canadian voters "See what I've done for you that the big, bad Liberals wouldn't do"? 1% is nothing in the big scheme of things and Steve knows it. Why doesn't he do something important like returning the EI surplus to those who've paid into it for years instead of dumping it into general revenues? Or reforming the electoral system? Or dealing with the inequities of the provincial equalization payments (there's an oxymoron for you!). Mark my words... come the next election, the first words out of Steve's mouth will be "GST reduction" and "reforming the gun registry". Whoopee, just the kinds of things that really matter!
Dimcl Dimcl:
lily lily:
It should be used to pay down the debt.
But you're kinda evading the point.

The point is that this all about optics for the next election... Mr. Harper can stand there and tell the good Canadian voters "See what I've done for you that the big, bad Liberals wouldn't do"? 1% is nothing in the big scheme of things and Steve knows it. Why doesn't he do something important like returning the EI surplus to those who've paid into it for years instead of dumping it into general revenues? Or reforming the electoral system? Or dealing with the inequities of the provincial equalization payments (there's an oxymoron for you!). Mark my words... come the next election, the first words out of Steve's mouth will be "GST reduction" and "reforming the gun registry". Whoopee, just the kinds of things that really matter!
I guess stealing money and lying about it are
things that matter to you.
RUEZ @ Tue Jul 04, 2006 5:13 am
lily lily:
It should be used to pay down the debt.
But you're kinda evading the point.

No, I'm not. I'll explain again so you understand. We have a
surplus therefore when you reduce taxes you still have money available for programs and spending. There would be no need to replace surplus money with another tax.
1%?
wow....gonna get me that new ipod with the $300 i'm saving over the next year...!
cut income and ei taxes instead, then i'll get excited.
Dimcl @ Tue Jul 04, 2006 10:49 am
hwacker hwacker:
Dimcl Dimcl:
lily lily:
It should be used to pay down the debt.
But you're kinda evading the point.

The point is that this all about optics for the next election... Mr. Harper can stand there and tell the good Canadian voters "See what I've done for you that the big, bad Liberals wouldn't do"? 1% is nothing in the big scheme of things and Steve knows it. Why doesn't he do something important like returning the EI surplus to those who've paid into it for years instead of dumping it into general revenues? Or reforming the electoral system? Or dealing with the inequities of the provincial equalization payments (there's an oxymoron for you!). Mark my words... come the next election, the first words out of Steve's mouth will be "GST reduction" and "reforming the gun registry". Whoopee, just the kinds of things that really matter!
I guess stealing money and lying about it are
things that matter to you.
How do people like you live with themselves? When you can't engage in an intelligent conversation and answer the questions posed in a serious manner, you indulge in spurious mud-slinging. Has it ever occurred to you to actually answer a question instead of throwing insults around?
Honestly, I cannot believe the way a lot of people are coming out and saying. "Well, it only saved me 3c on this or $2.33 on that, so it's no big deal".
It is a big deal. For the first time we actually have a PM who is starting to reduce the GST. The point is that over a year, or several years, that 1% adds up to a lot.
imo it just politicans trying to make like they are doing something....
"Look at the coin in my left hand....do you see it?"
*Canadian1971 puts both hands behind his back them brings them out front again...
"Now look! The coin is in my right hand!!!!"
ohhhhhhhh....ahhhhhhh.
Not a very good magician am I.......could say the same about our politicans....regaurdless what colour they fly.
$1:
It is a big deal. For the first time we actually have a PM who is starting to reduce the GST. The point is that over a year, or several years, that 1% adds up to a lot.
Personally I think Ill remember who introduced the GST to begin with, and fuck them very much for it.
BurytheNDPforgood BurytheNDPforgood:
Honestly, I cannot believe the way a lot of people are coming out and saying. "Well, it only saved me 3c on this or $2.33 on that, so it's no big deal".
It is a big deal. For the first time we actually have a PM who is starting to reduce the GST. The point is that over a year, or several years, that 1% adds up to a lot.
Man, are you naive.
Do you really expect small retailers to drop prices (those with the GST built in and there are plenty of them like fast food & vending machines, just to name two) by a cent or three? Not likely, most companies will simply keep the same price and pocket the difference.
The real difference will be in corporate profitability at the end of the year. A lot of companies are going to report larger than expected profits simply by keeping those couple of pennies.
Did you actually run over to the stores you shop at and make sure prices actually dropped? I know I didn't, and I'd be willing to be 99.9% of Canadians didn't either, and that's how companies will get around it.
I agree that 1% of a big purchase like a car or house will be nice, but like Lily said, how many cars or houses does the average person buy in a year? This is a tax for the wealthy, not the middle class.
Don't get me wrong, I like the idea of paying less, but 1% is a pittance. Reduce it by 5% (or eliminate it altogether) and I'll vote Con. But it takes more than an extra hundred or two bucks in my pocket to buy my vote...
Banff @ Tue Jul 04, 2006 12:24 pm
Any party which cannot dispose of the GST will not get my vote and this is with a clear understanding that all taxes will be reduced with no different or otherwise taxes to be introduce . Now ask me if I'm going to vote .