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07-23-2009, 06:57 PM
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#51 | | "Entertainment" mod.
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So the consumer suffers in place of businesses. Thank you Gordon Campbell for ANOTHER fuck up by the BC Liberals. Why should the people have to pay off on taxes that "won't change how much the government receives"? I'd rather KEEP paying GST/PST.
And about the Natives=free university thing. I know a buddy in Arizona who has ancestry tracing back to BC aboriginals, and he could have gotten a free ride to UBC or SFU, but chose to go to a computer tech school in his home state.
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07-23-2009, 06:59 PM
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#52 | | I WANT MY 10 YEARS BACK FROM RS.net!
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so when do they project to implement this?
i didnt see a date/time frame
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07-23-2009, 07:15 PM
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#53 | | RS.net, helping ugly ppl have sex since 2001
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^^
July 2010 from what somebody told me but I'm not too sure myself.
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07-23-2009, 07:16 PM
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#54 | | Need to Seek Professional Help
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Originally Posted by twitchyzero  so when do they project to implement this?
i didnt see a date/time frame | http://www.bclocalnews.com/fraser_va.../51496832.html
According to that article it's effective july 1st 2010
SOO in other words anyone here wanting to buy a used car better do so now...that OR gift it haha
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07-23-2009, 07:33 PM
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#55 | | MiX iT Up!
Join Date: May 2006 Location: vancouver
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Originally Posted by !SG according to the gov't the total amount of tax they will receive will not go up. bull shit!
the % of tax has not increased, but the total amount of taxable items has, thus more items to tax, the amount increases thus more tax revenue to the gov't |
not quite true. the gov is expecting retailers to discount the actual product.
ex.
old way:
100 food bill x 1.05 = 105
new way:
93.75 food costs x 1.12 = 105
will the retailers discount $6.25 ? its up to them...
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07-23-2009, 08:27 PM
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#56 | | Rs has made me the woman i am today!
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screw this...i know its not gonna benefit us. its another resource for them (politicians) to say they deserve a raise
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07-23-2009, 09:04 PM
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#57 | | OWNER/C.F.O./MONEYMAN
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both you and i know that no retailer is gonna volunteer to take the discount when inflation and cost of living keeps going up. Quote:
Originally Posted by tiger_handheld not quite true. the gov is expecting retailers to discount the actual product.
ex.
old way:
100 food bill x 1.05 = 105
new way:
93.75 food costs x 1.12 = 105
will the retailers discount $6.25 ? its up to them... | | |
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07-23-2009, 09:17 PM
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#58 | | Banned (BBM)
Join Date: Feb 2008 Location: van
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Originally Posted by Gnomes So is the HST another tax grab? Increase user-fee type scheme? | pls tell me a time when a new system that was announced before was not a tax grab
fucking faggot ass gov...bc has seriously gone downhill in the past yrs..
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07-23-2009, 09:26 PM
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#59 | | Need my Daily Fix of RS
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Originally Posted by gars i agree with sales tax - rather than income tax. people who spend pay more shouldn't be rewarded compared to people who are saving money. remember - it's the banks lending to people who didn't save up money properly in the first place that screwed over out economy.
up to a certain extent of course, too much sales tax would stagnate the economy... | Sales taxes are considered regressive because the comparison shouldn't be between people of equal payscales that either save or don't, it's about comparing the different payscales themselves.
There's a certain amount of money that has to be spent in order to stay alive, unless you just leach off people or whatever. Lets say it's $5000 a year (food, clothes, transportation, etc) for the average person.
Now, if you make $20,000 a year, you're getting taxed on 25% of your income no matter what your spending habits other than just staying alive/keeping a job/etc.
If you make $200,000 a year and scrimp and save so you're only purchasing the bare minimum, you're getting taxed on only 2.5% of your income.
Plus upward mobility, which is basically that if you make nothing and only have $1000 at the end of the year to try to invest to grow your money, your options are severely limited. Put a thousand dollars into the bank and watch it grow by entire dollars of interest after fees. Have $100,000 sitting around at the end of the year, and you can buy an investment property, have a diversified stock portfolio run by a (hopefully) competent manager, or just throw it into a much higher interest rate savings account and get actual returns that aren't halved by fees.
Blah blah blah, income taxes don't hurt the middle class/rich nearly as much as sales taxes hurt the poor/working class.
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07-23-2009, 09:48 PM
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#60 | | I contribute to threads in the offtopic forum
Join Date: Jun 2002 Location: 604
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About the school being free thing, not all Natives get free University or College. It isn't very hard to get help with funding, which is a good thing. You do have to apply to get it, and have good enough grades, just like a normal scholarship. You also have to have an interview and to show the financial officer of the band that you actually have a game plan after you receive an education. If you fuck it up and don't pass or just stop going, you will have to pay the money back to the band. Which is also good, because it comes from money from tax payers. There are some Indian bands which don't make students pay them back, but usually those are bands that have a good amount of money, either from leasing land out, or having businesses that are profitable (ie. Casinos).
But really, would you guys rather see a bunch more uneducated Natives running around in the streets? Or some more like myself and my family that have the brains to hold jobs and run businesses?
As for property taxes. Natives do not have to pay property taxes if the house they have is on reserve.
Off reserve, we're just like everybody else. Except we don't sunburn :P
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07-23-2009, 11:12 PM
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#61 | | 14 dolla balla aint got nothing on me!
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Originally Posted by Drift_Monkey Quoted from VAncouver Sun. http://www.vancouversun.com/business...717/story.html
B.C. to harmonize sales tax at 12 per cent next July:
VANCOUVER - British Columbia will be adopting a 12 per cent harmonized sales tax as of July 1, 2010 Finance Minister Colin Hansen announced today.
B.C. will have the lowest Harmonized Sales Tax (HST) in Canada, by combining the seven per cent B.C. Provincial Sales Tax (PST) with the five per cent federal Goods and Services Tax (GST), for a single sales tax rate of 12 per cent, the province said.
"This is the single biggest thing we can do to improve B.C.'s economy," Premier Gordon Campbell said in a press release. "This is an essential step to make our businesses more competitive, encourage billions of dollars in new investment, lower costs on productivity and reduce administrative costs to B.C. taxpayers and businesses. Most importantly, this will create jobs and generate long-term economic growth that will in turn generate more revenue to sustain and improve crucial public services." | I don't get it. How's it going to be so much better when the combined tax is the same.
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07-23-2009, 11:23 PM
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#62 | | ESKETIT
Join Date: Feb 2004 Location: Shambhala
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interesting
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07-24-2009, 12:11 AM
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#63 | | Rs has made me the man i am today!
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Originally Posted by winson604 umm nope you tip before tax not after. Looks like you were paying additional way before this HST came out haha | damn, my whole life i've been paying tip on top of tax. 
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07-24-2009, 01:14 AM
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#64 | | HELP ME PLS!!!
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out of province ordering will be interesting. ordering stuff from alberta now you pay only GST. I think after this law any goods shipped to BC they will have to charge you the BC HST.
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07-24-2009, 02:11 AM
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#65 | | I only answer to my username, my real name is Irrelevant!
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hmm... seems like a horrid idea for the consumer
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07-24-2009, 02:16 AM
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#66 | | I only answer to my username, my real name is Irrelevant!
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Originally Posted by Roach Restaurants are going to be hurt.
Not only will customers have to pay an additional 7% on their meal, customers will have to multiply their tip on that! haha.
Therefore, your $20 meal went from:
$20 x 1.05 GST x 1.15 tip = $24.15
to
$20 x 1.12 HST x 1.15 = $25.76
Food for thought...
Kev | you're assuming people even give a tip... or even give a tip based on percentages... (and if you did calculate your tip you dont tip on top of tax)
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07-24-2009, 07:56 AM
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#67 | | Willing to sell a family member for a few minutes on RS
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Originally Posted by winson604 Ah wells since I gotta pay 7% more for eating out I'll just tip 7% less haha. The servers who usually bitch about tipping being mandatory and bitch about only getting under 20% when they did nothing will love this one. | 
people will tip less. Good luck with that!
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07-24-2009, 08:42 AM
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#68 | | OWNER/C.F.O./MONEYMAN
Join Date: Mar 2001 Location: Vancouver
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its a cash grab, doesnt matter what the gov't lies about it being neutral. its neutral if u look at it as being the same percentage of tax. however, the total number of taxable goods and services is now much higher. how many ppl do u know go out and eat? obviously everyone. well now that amount is taxed 7%. yes businesses can now claim higher pst, BUT its still only a percentage of it so in the end, the gov't still gets a bigger cut.
if the gov't didnt mis manage the tax dollars, and keep giving themselves raises much higher than any other civil servant would, there would be plenty of money to go around for the services that we all pay for!
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07-24-2009, 09:23 AM
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#69 | | I am grateful grapefruit
Join Date: Mar 2005 Location: Vancouver
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Originally Posted by antonito Sales taxes are considered regressive because the comparison shouldn't be between people of equal payscales that either save or don't, it's about comparing the different payscales themselves.
There's a certain amount of money that has to be spent in order to stay alive, unless you just leach off people or whatever. Lets say it's $5000 a year (food, clothes, transportation, etc) for the average person.
Now, if you make $20,000 a year, you're getting taxed on 25% of your income no matter what your spending habits other than just staying alive/keeping a job/etc.
If you make $200,000 a year and scrimp and save so you're only purchasing the bare minimum, you're getting taxed on only 2.5% of your income.
Plus upward mobility, which is basically that if you make nothing and only have $1000 at the end of the year to try to invest to grow your money, your options are severely limited. Put a thousand dollars into the bank and watch it grow by entire dollars of interest after fees. Have $100,000 sitting around at the end of the year, and you can buy an investment property, have a diversified stock portfolio run by a (hopefully) competent manager, or just throw it into a much higher interest rate savings account and get actual returns that aren't halved by fees.
Blah blah blah, income taxes don't hurt the middle class/rich nearly as much as sales taxes hurt the poor/working class. | i understand what you mean. and that's why we have different income tax brackets. what i mean, is that i agree with bringing down income tax, and increasing sales tax - rather than the opposite. i'm not saying that poor people should be taxed more, i think they should decrease taxes for low income brackets.
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07-24-2009, 09:36 AM
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#70 | | I contribute to threads in the offtopic forum
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I think poor people should be taxed more because they seem to benefit from our tax dollars more :P
Police, Firemen, Ambulance workers are called more often to homes of low income than high income.
(I'm halfway kidding, but not really, but kind of, but not really)
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Scizz's a living legend and I tell you why, everybody wanna be Scizz an Scizz still alive
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07-24-2009, 10:11 AM
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#71 | | Willing to sell a family member for a few minutes on RS
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Originally Posted by !SG its a cash grab, doesnt matter what the gov't lies about it being neutral. its neutral if u look at it as being the same percentage of tax. however, the total number of taxable goods and services is now much higher. how many ppl do u know go out and eat? obviously everyone. well now that amount is taxed 7%. yes businesses can now claim higher pst, BUT its still only a percentage of it so in the end, the gov't still gets a bigger cut.
if the gov't didnt mis manage the tax dollars, and keep giving themselves raises much higher than any other civil servant would, there would be plenty of money to go around for the services that we all pay for! | they're the government, even if they managed tax dollars correctly, I could still see them pulling some shit like this. Government are the biggest crooks.
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07-24-2009, 10:15 AM
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#72 | | Hacked RS to become a mod
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Originally Posted by BNR32_Coupe we should get natives to start paying taxes | Yeah! Those fuckers owe us big time! We're letting them stay on our land that they invad--- oh...
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07-24-2009, 10:23 AM
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#73 | | I WANT MY 10 YEARS BACK FROM RS.net!
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Originally Posted by GordonTse damn, my whole life i've been paying tip on top of tax. | i just realized i might be doing the same all along
haha oh well i dont dine out that much
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07-24-2009, 10:32 AM
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#74 | | Diagonally parked in a parallel universe
Join Date: Nov 2005
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I usually tip 10% of the total if they give decent service & 15% if they do really well.
Some people tip more generously eg. 15 - 20% of the total
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07-24-2009, 10:37 AM
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#75 | | My homepage has been set to RS
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Originally Posted by ziggyx [url]
SOO in other words anyone here wanting to buy a used car better do so now...that OR gift it haha |
this going to really suck for the private used car market, saving 5% GST buying private was a nice incentive, now you might as well go to a stealership...
or you can just put a lower purchase price...
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