No threat posed by loss of HST

letter re: HST

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 + 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 developing a new tax system. We don’t have a serious revenue problem – we have a huge spending problem.

The BC 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 dollars 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

Keremeos man says stem cell therapy changed his life

Darryl Brewer says he went from being immobile with chronic pain to leading an active lifestyle

Penticton resident’s dog allegedly stolen from construction site

Nicholas Bozak is seeking the public’s assistance in locating Askem, his 17 month old mastiff chow

Experience the music at the 97 South Song Sessions in Penticton

Songwriters Tim Nichols, Jimmy Yeary, Jessica Mitchell and Bob DiPiero to perform intimate concert

Okanagan-Shuswap weather: cloudy, showers expected

Environment Canada is predicting a mix of sun and clouds tomorrow and a sunny weekend across the Okanagan

Okanagan society sends seniors, shut-ins on boat excursions

Okanagan Quality Life Society has been providing Okanagan Lake boat rides for nearly 30 years

Feds lowered poverty line, reducing the number of seniors in need: documents

Liberals introduced a poverty line that was below the prior low-income cutoff

BCHL: Alberni Valley Bulldogs have been sold

Victoria company has purchased BCHL team, but will keep it in Port Alberni

“Does Kirby care?” B.C. First Nation’s group using geo-targeted ads in Houston, Texas for justice

The Heiltsuk Tribal Council has called out Kirby Corporation for the Nathan E. Stewart oil spill

Trudeau announces $79M investment for 118 more public transit buses across B.C.

Contributions from municipal to federal level to fund more buses in a bid to cut commutes

B.C. woman wins record $2.1 million on casino slot machine

‘That night was so surreal … I wasn’t able to sleep or eat for the first two days,’ she said

Arrest made in vandalism of the former home of man charged with South Okanagan murders

RCMP confirmed one person has been arrested in relation to the alleged vandalism

Respected wildlife artist in the Okanagan dies

According to a post by his family, Terry Isaac died on July 16

Two Okanagan robbers have been court charged

Paul Davis Houle and Tyler Brice Rathbone face break and enter charges

After B.C. dad’s death, Technical Safety BC wants changes to trampoline park rules

Jay Greenwood, 46, did ‘a series of acrobatic manoeuvres prior to a fall that caused serious injury and cardiac arrest’

Most Read