Quote:
Originally Posted by GGG
One issue would be the export business. If we manufacture something for export would it be taxed. If so our goods would be more expensive. Would companies be able to lower their prices on goods of export enough do to the coporate taxes being saved or would the cost of exported goods go up. Or would we rebate the tax on exported goods as well as rebate the tax paid on the input costs of export goods and depend on employees of these companies paying taxes as the only benefit from that company existing.
Other than that is that I perfer all taxes being paid be added on and visable. All tax increases and decreases should be visable. And the amount of tax we pay should be visable.
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Nope. Exports are GST exempt. An Alberta sales tax would almost certainly be an HST, so exports would remain exempt. Inputs to exporting firms would remain taxable at source, but the exporting firm claims that tax on their GST/HST tax return, so they get it refunded.
Basically, switching from production (income) taxes to consumption taxes is a huge boost to exporters.