If HST is scrapped, when would it go? could

tiffiant

If HST is scrapped, when would it go?
Federal finance minister satisfied HST will stay until 2015
News1130 Staff Aug 10, 2011 13:03:00 PM
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VANCOUVER (NEWS1130) - The NDP thinks you're being deceived over when the HST would go if we vote "yes" in the referendum.

The federal finance minister says based on conversations with BC Finance Minister Kevin Falcon, he's satisfied the harmonized sales tax will remain in place until 2015. That would mean the provincial government could be sticking with terms of its contract with the feds whether the tax is voted out or not.

The New Democrats say Premier Christy Clark has been promising to change the tax back within 18 months.

Kevin Falcon's staff say the Finance Minister is away and not available for comment

http://www.bcndp.ca/http://www.news1130.com/search?AssetType=Article&q=HST&sortby=sPublishDateTS%20DESC
http://www.news1130.com/search?A ... ublishDateTS%20DESC
http://www.christyclark.ca/premierchristyclark/

chesirecat

i don't understand....so the vote means nothing?....it depends all depends which party goes up next???

stevoo

It is a no win situation. By keeping the HST the Liberal "might" lower the HST rates but if whoever take down and breach the HST contract with the Federal meaning we have to pay back the already spent 16 billion big dollars special incentive funds! Let me ask how our BC government can come up with this kind of money? God knows how much more taxes they will come up with to compensate that!!! I have a feeling we might have to pay 12% of PST + 5% GST if they  take down the HST before 2015.

chesirecat

HA?!.....17% tax?!..............maybe i should move out province or country and come back after 2015 when they lower it