To the editor:
Seven per cent PST plus five per cent GST equals 12 per cent HST. What is the issue?
It is extraordinary to hear Bruce Ralston, the NDP finance critic and the NDP party, blindly supporting Bill Vander Zalm’s rhetoric about the HST.
In fact, the complaints being raised have nothing to do with the HST, nor the efficiency and cost savings of administering one tax system instead of two. The complaints are actually about B.C. making some items and services provincially taxable which were previously exempt, not the HST system itself!
It is evident from the (rather odd) collection of goods and services that the government chose to exempt from the provincial taxation under HST, that the option is there for B.C. to reconsider and exempt things which were previously not subject to PST, but there is no need to scrap HST to do this.
All accountants, economists and everyone who actually takes the time to understand it, realize that the HST reduces the cost of collecting sales tax for B.C., eliminates duplication of costs of two governments both auditing both tax systems and greatly streamlines and reduces the nightmares of sales tax collection and tax payment that all businesses have to deal with.
A further fact: With the exception of Alberta and Saskatchewan (which are floating in oil revenue), is that B.C. has the lowest combined PST and GST sales tax rate of all provinces in Canada.
And would politicians please quit pretending to measure the effect of HST with numbers of jobs lost and promises of jobs gained. Employment levels are dependent on a lot more factors in the B.C., Canadian and world economies than the additional PST on hair cuts.
Why on earth are supposedly responsible politicians wasting all this time, effort and our (tax paid) resources fighting a sensible tax when the government should be getting on with trying to fix a lot of much more important issues in this province?