Quote:
Originally Posted by bizaro86
I'd like to see us go to a more European model. Put in a 15% provincial sales tax (So a 20% HST) and cancel personal income tax entirely. Keep the exemptions for essentials (food, etc) which will make it effectively a wash for those who spend most of their incomes on essentials (ie the poor) once you consider increased GST/HST rebates.
|
The European tax scheme is nothing to duplicate. Many European countries (Greece, Italy) are notorious income tax evaders.
Keep our provincial income tax at 10 and add a 3% consumption tax and call it a day. People still have the same amount of take home pay. A 3% PST would only be a single percent more than our previous 7% GST which isn't much.