Thursday, May 26, 2011

A youtube argument visa vis HST in BC.

  • I came to similar opinions by asking 3 or 4 questions: How much does HST hurt someone at 25k/annum? How much does it Hurt someone who makes 1,000.000/annum. The key questions boil down to discretionary spending vs spending for survival. It is well known a single mother at 25k/annum spends almost all the 25k for food and lodging. (no HST paid) That same person receives a supplement from the government that also relates to her children.

    The millionaire pays 75,000.00. The portion of his income for food is negligible, the bulk of his wealth is tucked away in investments to shelter him from taxation. Millionaires are such because they have a knack for taking in far more than they part with. I don't fault that. No, I applaud wealth in BC, we all should. More net tax comes into the province when that is encouraged, and over all, wealth rises for the poor as well. A VAT becomes very hard for a rich person to avoid.

    Sorry. Last post: The biggest problem with your presentation, is not the facts you present. To tell someone you who's ideas you oppose to "shut the h*ll up", you shut down the debate that needs to be heard, including the valid points you raise. Freedom of speech must remain paramount. The tone is somewhat regrettable, though I suppose there is a segment of society to whom it appeals.

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