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The unfortunate thing about the GST cut, is that it is actually the fairest tax of all. With income tax, those who pay the most, have the most ability to avoid income tax with different tax shelters etc.
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The GST, like most sales/value-added taxes, is a regressive tax that puts a greater tax burden on lower-income citizens than those with higher incomes.
Anyway, if you're not planning to buy a new house or car anytime soon, the income tax cut implemented by the Liberals (which Harper plans to repeal) would probably put more money in your pocket. If you are planning to buy large-ticket items, though, a cut to the GST is probably a greater benefit to you.