The Liberal Party of Ontario should commit to removing the HST from all essential utility bills (i.e. water, sewage, electricity, perhaps even internet). In rental units, these savings ideally would be either split or passed down to the renter in full as a reduction in monthly rent.
Here is a tax grab that really bugs me: There is no GST on used cars sold unless the car is sold by a car dealer... Before the HST, it used to be though that people did have to pay the 8% provincial sales tax, but not gST. When the hST came in, what happened, the provincial governmetn increased its tax to 13% - and the exucse was that this will stop "curbsiders". In fact, it does not such thing but this was something ...more »
HST is a non-progressive tax which taxes the poor indiscriminately and hurts Ontario businesses small and large alike despite their net income. It should be replaced with other means of taxation such as a carbon tax and increased income and corporate tax. HST could be phased out in stages by making more things exempt. Starting with all food no mater the source, and all used goods (this hurts the low income people the ...more »
CAN THIS $12 BILLION LEGALLY BE ONTARIO'S ? The HST applies to nearly every transaction in Ontario. A peculiar exception is a stock transaction, on which 0% is paid. In addition, stock profits are capital gains which are taxed at 1/2 the rate of hard working taxpayers. In 2012, the TSX traded $1,192,508,887,957. At 1% the return to the people of Ontario would be $12 billion each year. The rhetoric is that !% would ...more »