We have in Canada several Provinces with the HST, so certainly we should be able to look to those Provinces and see economic bliss, which Provinces should we examine to get the point across, should we look at Quebec, they have had the HST since 1991....Lets look at the Atlantic Provinces, New Brunswick...Nova Scotia...Newfoundland...They have had the HST since 1996.
Those Provinces must be doing better that the non HST Provinces, the manufacturers in those Provinces must be doing better than the rest, are they? Well I was perusing through the Province newspaper last night and ran into a little story, well guess what, Canada as a whole, the manufacturers, the exporters, the experts were predicting a bigger rise in manufacturing exports, as a whole there was a teeny weeny increase in exports from manufacturers, a measly 0.1% increase, that`s pretty good right?
Now you would expect that the best manufacturing export numbers would be coming from those Provinces that have the HST, because the Habitual Liar Gordon Campbell and Colin Hansen have stated that the HST would be good for exports, that means that the HST Provinces have a big advantage over us back in the dark ages non HST Provinces, well friends, lets look at the raw data!
Here are the latest numbers, Province by Province numbers, who`s up,who`s down with manufacturing export numbers.(cut and pasted from this Canwest article)http://www.theprovince.com/business/Manufacturing+sales+subdued+dollar+soars/2914745/story.html
Manufacturing sales by province
(% change February from January):
Newfoundland and Labrador -33.8
Prince Edward Island 1.3
Nova Scotia -4.2
New Brunswick -7.1
British Columbia 1.1
Now friends, have a good look at the above numbers, why, why the heck are the Provinces that have the huge economic advantage of the HST are all in negative territory and the Provinces that don`t have the HST with the exception of Manitoba are all in positive territory?
So how come the HST Provinces aren`t doing better, don`t they have an advantage? Obviously not! Quebec is right next door to Ontario and Quebec is the biggest debtor Province and is fiscally broke!
The other lie about the HST is about all the embedded PST, Colin Hansen and Gordon Campbell both have said that business doesn`t pay tax the consumer does, and business will ultimately pass the tax on to the purchaser, so friends if you examine that statement carefully....We are already paying big business`s tax load, also the pure spin about the savings to business, it`s a ruse, business can already write off business expenses!
This my friends is a tax shift that raises the cost of thousands of goods and services that were previously PST exempt!, it`s a tax shift.
Also, lets look at the big number, a $1.9 billion dollar yearly tax shift from big business to the consumer, yet Colin Hansen claims that the HST won`t cost BCers that much money, Colin Hansen also states that 1.1 million low income BCers will receive an HST tax credit, well let`s examine that a little bit closer.....
Let`s assume that those low income BCers with the tax credit won`t pay any HST over and above the tax credit paid to them, after all Colin Hansen has stated that low income earners will be ahead......That leaves 2 million tax paying middle class people that have to pay the $1.9 billion dollar tax shift, someone has to pay it, that works out to almost.....Drum roll please....Each middle class taxpayer will have to fork over almost $2000 dollars per year in taxes, but even that number is wrong, because those low income tax credits have to be paid by someone, Government has no money, it`s tax payer money, so in reality the 2 million middle class taxpayers will be out more than $2000 dollars each year with this tax, you can slice and dice and chop and mince and spin like a top but the bottom line, The Straight Goods is that someone has to pay this $1.9 billion dollar yearly tax shift, there is only one taxpayer, This my friends is the biggest scam ever perpetrated in B.C. history!
I`m going to beat this drum until Gordon the Impaler and the enablers are a dead and buried political party, this freight train is steaming down the track, you can get out of the way or get flattened!
The Straight Goods
Cheers-Eyes Wide Open