cheryl08 wrote:
that's not the point, GST is a flat tax meaning that people with higher incomes tend to buy more things and therefore pay more GST. And being part of a mid-income family i really don't see how an extra (3 bucks max.) pocket of change is gonna make a difference. I would say lower income families would prefer an increase in these taxes because it's better to have efficient social services that an extra two dollars. This extra revenue could go towards health care, transportation and child care; things that they can't afford on their own that would benefit them more than an extra 2 dollars in their pockets.
Well ya that is the point, you said that big corporations were the ones who benefited from the GST cuts and that is inaccurate.
To say that people with lower to mid income levels don't benefit or that they benefit less is also not true. People with less disposable income see a big difference when making big ticket purchases where the difference of 2% can mean being able to buy what they want as opposed to not. Not to mention people with lower incomes have less disposable income and therefore every cent they can save on purchases for things like fuel, clothing, furniture and other staples counts. Also, these little savings add up over time.
Like I said it probably wasn't the best way to cut taxes but to say that the GST cuts had zero benefit for people with lower to average incomes or that it benefits the rich more is simply not true.
Besides, the Conservatives promised to cut the GST not personal income taxes. They campaigned on that promise and were elected on it and after they won they followed through. I know that keeping election promises is a foreign thing for Liberals but that’s exactly what the Conservatives did so it's pretty hard to knock them for it.