Quote:
Originally Posted by MarchHare
If you do further reading on this issue, you will find that nearly every economist agrees that reducing income and corporate taxes is a better fiscal policy than reducing the GST.
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While I agree that it is generally better to cut income tax as opposed to sales tax, something in me likes the lower GST. All my adult life I paid 7% or more in sales tax. (There was 7% PST in Manitoba before I moved to Calgary.)
Now that the tax is lower than ever, I notice it and I feel good. Maybe on my next purchase I won't hesitate quite as much. And another part is how I feel about additional charges; like how Enmax charges X amount for electricity, but there's 7 other items for line use, etc. Maybe if there was less or even no sales tax, businesses would be less likely to add on stuff.