Re: Moving on

["Michael Demyan" <mdemyan@xxxxxxx>]

Thanks - one and all - for the information on VAT.

Mike Demyan

----- Original Message ----- 
From: "Arthur Entlich" <artistic-1@shaw.ca>
To: <scan@leben.com>
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
> 
> 
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