Problem’s not in collection, it’s in spending

The sky is not falling, and for those who are concerned, the B.C. government will lose much needed tax revenues as the HST is being phased out, have no fear.

To the editor:

The sky is not falling, and for those who are concerned, the B.C. government will lose much needed tax revenues as the HST is being phased out, have no fear.

The five per cent GST plus the seven per cent PST will produce the same revenues as the 12 per cent HST simply by applying the GST and the PST to the same items we pay the harmonized tax on today.

There is also no urgency to develop a new tax system. We don’t have a serious revenue problem—we have a huge spending problem.

The B.C. Liberal government has been taxing and spending the province into a deep dark hole. The Clark government should immediately put a moratorium on increases and new spending.

It should then reclaim control of all Crown corporations where literally billions of dollars are being wasted.

Civil servants’ pensions, bonuses, severance and retirement packages must be brought back into line with the real world.

Use and abuse of overtime must be brought under control.

Harmonizing means centralizing, and the reason why the federal government offered the province $1.5 billion to sign onto the HST was because it would give the feds control of the tax.

For the Liberal government it was cool one and a half billion dollars cash, without having to go to the B.C. tax payers.

The tax system we had was fine except that the PST was applied at the end of the production line, representing an unnecessary cost and inconvenience to businesses.

By separating the two taxes the province will now be able to pick and choose the goods and services that will be subject to the PST and it should continue to collect both taxes at the final point of sale.

Andy Thomsen,

Summerland

 

Just Posted

Kelowna chamber: Business concerned about pot legalization

Kelowna Chamber jumps into the debate over the future of marijuana

Black Friday deals attract shoppers in Kelowna

Shoppers says there are bargains to be had for those willing to look

Man and woman sent to hospital in Highway 33 accident

Kelowna - The accident occurred yesterday and closed a lane of traffic

OBWB out front on mussel disaster prevention

Water board hoping others will share their sense of urgency

UPDATE: Two injured in vehicle rollover on Highway 33

Emergency crews are responding to a single vehicle rollover near Big White Road

Okanagan ski hills open for the season

Both Big White and Silverstar Resort open for the 2017-18 season Thursday

Letter: Closing pot shops not in public interest

Letter writer says the public is not being served by Kelowna, West Kelowna going after pot shops

Panda picks Argonauts for the win

Giant panda at the Toronto Zoo picks Argos to win Grey Cup on Sunday

Michaels: Whatever happened to bedside manner?

“Left arm and chest? Hate to break this to you, sister, you may be having a heart attack.”

Black Friday fervour wanes as some consumers, retailers shun practice

Some businesses are choosing to opt out, while some shoppers are turning to buying online

Stay safe on B.C. roads this holiday season

RCMP warn drivers to plan a safe ride home or suffer the consequences this holiday season

Trudeau apologizes to excluded residential school students

PM makes statement to former students in Nfld who were left out of previous compensation, apology

Kelowna students get a lesson on Aboriginal culture

Kelowna Christian School students took a field trip to the museum Thursday morning

Most Read