HST bite not so bad
April 30, 2010Opposition politicians are pointing to this as evidence that the HST is a bad tax. “Sounds a lot like an admission that the HST, as New Democrats have said all along, is going to cost Ontario families more each and every day,” says NDP Leader Andrea Horwath.
This is nonsense. Any new tax involves a staging-in period where consumers, moving quickly, can avoid paying. Besides, there are sound economic reasons for the HST. The current provincial sales tax penalizes our producers and makes them less competitive. Its replacement by the HST is supported by most business associations and even some major unions — or, at least, they are not opposed to it. To offset the impact of the HST on consumers, the government has introduced income tax reductions and plans to distribute a one-time $1,000 rebate. Most Ontarians will be better off.
The opposition parties should move on to other targets.
Ontario! The province that keeps taking...
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