Quote:
Originally Posted by FlamesAddiction
But it's still really only a tax break that helps people who spend a lot. Only wealthy, big spenders will really benefit. Most people will be saving only a bit pocket change from this tax break.
ie. You have to spend a lot to end up saving a lot.
The average person who spends little is not going to see a difference.
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no to mention it is a tax break for the lowest income earners that a income tax break would not help them AT ALL. If you make less then the exepted amount, no income tax break will help at all as you already do not pay it. That said it was a wiser political move to cut the GST than a wise economic one.