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Thanks - one and all - for the information on VAT. Mike Demyan ----- Original Message ----- From: "Arthur Entlich" <email@example.com> To: <firstname.lastname@example.org> Sent: Saturday, March 30, 2002 5:41 AM Subject: Re: Moving on > > > Michael Demyan wrote: > > > For us REDNECKS, can you please explain what VAT is? > > > > Mike Demyan > > > > Civics 101 > > Well, it stands for Value Added Tax. In Canada, it is called GST, Goods > and Services Tax, and anyway you slice it, its just another whopping > sale tax, but rather than being local, like a state tax, it is country > wide and goes to the "federal" government. > > In Canada, it is currently 7%, upon which each province adds their own > version. From zero (in Alberta) up to about 9%) In BC, where I live it > is 7.5 percent more, or 14.5% total. In some provinces they renamed it. > It is no longer called the GST (good and services tax) and PST > (Provincial sales tax) but the HST (Harmonized Services Tax). No matter > what its called it still costs the same. > > The "nice" thing about this tax is that only residents end up paying it. > Tourist who come up here, get it refunded when they leave (that's all > the GST they pay on room, food, goods, services, etc.) Almost makes me > want to leave ;-) > > It pays for our politicians pensions ;-) Our current federal government > were the opposition party when it first came up and they opposed it (but > it got railroaded through by the party in power which appointed several > new senators, since the vote was close and their were vacancies in our > senate, (which is appointed, not elected). The government now in power > ran on a platform to eliminate it, and got elected. That was over 8 > years ago... we're still waiting... > > Art > > > - > Turn off HTML mail features. Keep quoted material short. Use accurate > subject lines. http://www.leben.com/lists for list instructions. > - Turn off HTML mail features. Keep quoted material short. Use accurate subject lines. http://www.leben.com/lists for list instructions.