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|    Message 22,651 of 24,289    |
|    NøCøns to All    |
|    Opponents come out swinging against ‘abs    |
|    26 May 11 14:05:12    |
      XPost: bc.politics, van.general, vic.general       From: NøCøns@our.House              The Government's proposal: 'You give us $2 and we'll give you $1 back - - -        but just this       one time.'       _________________________________________________________              The Province - May 26, 2011              Opponents come out swinging against ‘absolutely stupid’ HST fixes (with video)                     NDP leader Adrian Dix and Fight-HST leader Bill Vander Zalm ridiculed the B.C.       government’s       harmonized sales tax changes Wednesday, respectively calling the “bold,       responsive and        balanced” proposals a “grab bag of gimmicks” and “absolutely stupid.”              Dix called the government’s promises, which included a pledge to cut the 12       per cent tax by two       percentage points, a “fiction” while Vander Zalm described them as “the       dumbest” thing that’s       ever happened in the province and vowed to continue his fight against the tax,       which goes to a       vote this summer.              “It’s crazy, for one thing,” said Vander Zalm, a former Social Credit premier.       “But in a way, I’m       a little pleased, too, because they’ve admitted that the HST is a no-go,       they’ve admitted       people were being overcharged, they’ve admitted that there is no job creation       . . . and they’ve       admitted it’s a disaster.”              In addition to slashing the tax by two percentage points — the first cut to       the provincial       portion will take effect July 1, 2012, the second in 2014 — Finance Minister       Kevin Falcon, who       unveiled the proposal in Victoria, promised British Columbians a series of       rebates as well as a       hike on corporate tax rates.              The rebates will see all families with children under 18 receive one-time       payments of $175 per       child. The same amount will be mailed out to low- and modest-income seniors,       said Falcon, who       called his plan “bold, responsive and balanced.”              The cost of these cheques, which will go out at the end of the year, will top       $200 million,       said Falcon, who added the payments are designed to ease the $350 in       additional sales tax the       average family is currently paying under the HST.              “On average, all families will be better off under the improved HST,” said       Falcon, adding the       fixes will see the average family pay $120 less than under the old provincial       sales tax. “Is it       going to be enough? I don’t know. My hope is that . . . it should be enough to       hopefully bring       on board a majority of the public to support retaining what I believe, and       what most       independent credible experts will tell you, is a much more effective and       efficient tax policy.”              To help cover the cost of slashing the HST — each percentage point will result       in a revenue       loss of $850 million — and meet the commitment of a balanced budget by       2013/14, the government       said it will increase the general corporate income tax rate from 10 per cent       to 12 per cent on       Jan. 1, 2012 and postpone a planned 2.5-per-cent small business tax cut that       had been scheduled       for April 1, 2012.              Existing HST rebates for low-income British Columbians will remain, said       Falcon.              All the changes would be contingent on the public voting to keep the tax in       the mail-in       referendum from June 13 to July 22, said Falcon.              Dix said he would not support the legislation when it is debated next week. He       characterized it       as an attempt by the Liberal party to buy votes, and said he would continue to       fight the tax.              “I think what we are seeing from the Premier and what we are seeing from the       government is a       desperate effort to buy people with their own money . . . and I don’t believe       it will work,” he       said.              B.C. Conservative leader-designate John Cummins also came out swinging against       the government’s       plan, calling the premier’s “fix” a “mishandled failure” that is bad for       business. Shachi Kurl,       director of provincial affairs in B.C. for the Canadian Federation of       Independent Business,       said it was reassuring that the minister had committed to reversing the tax       increase and       proceeding with the small-business rate cuts as soon as B.C.’s books were       balanced.              “I don’t think businesses ever welcome or are fans of tax increases or a delay       in proposed rate       cuts for small business,” said Kurl. “But we recognize there is a trade-off.”              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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