NetNews Usenet Archive 1993 #3/NN_1993_3.iso/spool/can/general/6353

Internet Message Format | 1993-01-24 | 2.1 KB

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From: [e-mail] (Gary L Dare)
Subject: Re: Liberal Party Tax Policy
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Reply-To: [e-mail] (Gary L Dare)
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Date: Sun, 24 Jan 1993 23:07:38 GMT
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[e-mail] (Gerald Olchowy) writes:
>[e-mail] (Dave Shariff Yadallee) writes:
>>
>>3) review of the tax system with the purpose of abolishing the GST
>>and redistributing the tax burden on the PRINCIPLE of fairness,
>>equity ad ability to pay.
>
>That is not a policy...the GST raises $20 billion dollars...specifically
>tell us how the Liberal Party is going to raise $20 billion dollars.

Even Jean Chretien, embarking on his western tour, said that the tax
income must be accounted for in one way or another ... I just can't
believed that people up north will fall for a shell game removing the
GST and placing the tax same somewhere else.  The merits of the GST
have been that (theoretically) with the substitution for the wholesale
tax that was hidden, consumers would have a truer sticker price ...
and, manufacturers won't have to "advance" the wholesale tax payments
to the federal government and then receive credits for the exported
portion later.  The free price hike that some retailers and some
wholesalers/distributors took with the arrival of the GST demonized
it, but I still find it hard to think that people would hide their
heads in the sand and fall for a hidden GST.

gld
--
~~~~~~~~~~~~~~~~~~~~~~~~ Je me souviens ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Gary L. Dare
> [e-mail]         Carnaval de Quebec (City)
> [e-mail]            February 4 - 14