Wednesday, September 16, 2009
The BC Liberal government is bringing in a new sales tax which will drive up prices on many day-to-day necessities. The HST will merge the PST with the GST and apply to a wide range of goods and services on which British Columbians currently only pay GST.
Prices will go up on goods and services including haircuts, food, heating bills, housing, safety equipment, funerals, magazine and newspapers, dry cleaning, airplane tickets, movie and theatre tickets, vitamins, bicycles and more.
The HST is a regressive tax which will disproportionally affect lower- and middle-income families. British Columbians will have even less to spend in tough economic times.