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08-04-2009, 07:40 AM
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#26 | | I only answer to my username, my real name is Irrelevant!
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Originally Posted by Ferra  If government just let business claim back PST, THEN the government would be losing revenue. (And that never happens  )
With the HST, what happens (short term) is: Business +1, Consumer -1, Government 0
For the government, revenue lost from business being able to claim back their PST is offset by consumer paying for additional PST | isn't it more like this?
business buys apple for $107.00 gets $7.00 back from govt (only doin pst)
govt @ -$7.00
business sells apple for $200.00 to consumer who buys it for $214
govt @ +$7.00
consumer @ -$14.00
so Business/Govt +1 Consumer -1
??? (ive got no clue here :P)
Last edited by StylinRed; 08-04-2009 at 07:56 AM.
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08-04-2009, 07:48 AM
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#27 | | Fathered more RS members than anybody else. Who's your daddy?
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Just buy shit under the table..........
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08-04-2009, 08:09 AM
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#28 | | My homepage has been set to RS
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even if prices go down for businesses, how often you see the savings passed on to the consumer?
HOW often you see price at retail go down.
when gas prices were crazy high last year, food prices went up,, and they stayed up, even though gas prices fell..
Last edited by tool001; 08-04-2009 at 08:19 AM.
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08-04-2009, 08:48 AM
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#29 | | RS controls my life!
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Originally Posted by Ferra Many consumers would argue this just screw them. However, the truth is lower business expenses either means lower prices for consumer OR higher co. income which leads to higher wages eventually. | Quote:
Originally Posted by tool001 even if prices go down for businesses, how often you see the savings passed on to the consumer?
HOW often you see price at retail go down.
when gas prices were crazy high last year, food prices went up,, and they stayed up, even though gas prices fell.. | Exactly what I want to say... Businesses will ALWAYS be businesses. They will always try to take a profit out of everything... That means if prices increased from $5 to $7 but they say they will decrease the price back to $5 when something something happens... when the time comes, they will NEVER go back down because it is already happening and they want to keep that buck to themselves.
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08-04-2009, 11:25 AM
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#30 | | Captain Happy Bubble is my Homeboy
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^ Werd....I know many vendors that are still charging us like 14% fuel surcharge throughout this whole time.....
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08-04-2009, 04:53 PM
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#31 | | Even when im right, revscene.net is still right!
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If gov't says business saves money and pass down savings to consumers, the govt should impose a 7% discount on all their prices for the next 5 years.
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08-04-2009, 06:04 PM
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#32 | | I contribute to threads in the offtopic forum
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im getting really tired hearing about all these tax grabs and to make things worse translink announces their bs hikes too...  | |
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08-04-2009, 08:25 PM
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#33 | | RS controls my life!
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Originally Posted by you! im getting really tired hearing about all these tax grabs and to make things worse translink announces their bs hikes too... | at least that's not inked down yet. they are just proposing it
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08-05-2009, 03:12 AM
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#34 | | Banned (ABWS)
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Originally Posted by ASG111 Exactly what I want to say... Businesses will ALWAYS be businesses. They will always try to take a profit out of everything... That means if prices increased from $5 to $7 but they say they will decrease the price back to $5 when something something happens... when the time comes, they will NEVER go back down because it is already happening and they want to keep that buck to themselves. | You are forgetting about competition. The cost savings to competitors in a market will give them the ability to invest cash in the best way they see fit. Some may increase quality, others will focus on marketing, new product design, new hires, or possibly lower their prices. They don't have to lower their prices to benefit the consumer. The fact that all competitors have the option of lowering prices/better product/service offering is enough to pass on a benefit to consumers. This of course assumes the market isn't over regulated and fucked with by the government.
Oh yeah... going back to the initial topic of this thread:
The NDP can go fuck themselves.
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08-05-2009, 03:26 AM
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#35 | | RS has made me the bitter person i am today!
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Originally Posted by you! im getting really tired hearing about all these tax grabs and to make things worse translink announces their bs hikes too... | +1
everyone wants more money
where is our fking bailout
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08-07-2009, 02:09 AM
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#36 | | I contribute to threads in the offtopic forum
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what do you expect when harper lowers the tax rate to 5% to please voters but not adjust spending accordingly... yet approves of HST
the provincial gov't is running on a phat deficit
should have just NOT lowered taxes in the godamn first place and manage funds better
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08-07-2009, 09:11 AM
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#37 | | I contribute to threads in the offtopic forum
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the NDP petition won't work, no one will ever take a look at that petition... i dont' think the HST is wrong.. but i think the libs made a mistake by not consulting and doing it too soon after an election...
i do believe in business competition so i do believe savings will be passed down to the consumer, however,with that being said, it's more of a long term benefit than short term..
i've taken a look at other provinces' HST implementation and other OECD countries' implementation. basically... sucks for consumers in the short run, long run ranges from lowering of prices to higher salaries...
so take your pick...
and i always ask myself this question..
what would NDP have done if the 495 million deficit won't hold.... i can always imagine a news conference by the NDP to raise PST "temporarily" by 3% and say something like each quarter you'll get a tax credit back blah blah but only end up being 1% back..
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08-07-2009, 09:33 AM
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#38 | | RS.net PIMP
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The HST will affect me quite a bit, hell just last week I spent about $1,700 alone eating/drinking out, and I usually average $500 to $700 a week at just restaurants (Not including clubs/lounges), but my hatred for the NDP is >>>>>>>> than my concern for the HST lol.
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08-07-2009, 10:10 AM
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#39 | | OMGWTFBBQ is a common word I say everyday
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Originally Posted by 7seven my hatred for the NDP is >>>>>>>> than my concern for the HST lol. | I am on that boat too.
I am very pissed at the HST, but the NDP is just too nasty.
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08-07-2009, 10:24 AM
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#40 | | Willing to sell body for a few minutes on RS
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Originally Posted by wouwou I am on that boat too.
I am very pissed at the HST, but the NDP is just too nasty. | X3
I'm not so much pro Liberal just anti NDP. Give me another alternative (the Greens don't count) and I'd consider voting for someone else.
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The world ain't all sunshine and rainbows. It's a very mean and nasty place... and I donīt care how tough you are, it will beat you to your knees and keep you there permanently, if you let it. You, me or nobody, is gonna hit as hard as life. But ain't about how hard you hit... It's about how hard you can get hit, and keep moving forward... how much you can take, and keep moving forward. Thatīs how winning is done. Now, if you know what you worth, go out and get what you worth. - Rocky Balboa | |
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08-07-2009, 10:29 AM
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#41 | | I only answer to my username, my real name is Irrelevant!
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why do you guys hate the ndp so passionately over the liberals oO
nutty :P (im expecting the usual responses but they don't seem adequate)
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08-07-2009, 11:23 AM
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#42 | | I bringith the lowerballerith
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Its a load of crap this HST
Its basically Gordo's big FU saying that we ain't making money with the Olympics and need to find a way to pay down that deficit.
HST to stimulate the economy and business to transfer savings to consumers? YEAH RIGHT!
When was the last time you heard businesses because of the competitive environment lowering their prices?
Do you think a Cactus club will lower their $15 dollar burger to $13 bucks because of all these savings from their tax incentives?
As a consumer when you are eating out you are paying right now the standard 5% tax + 10-15% tips = total 15-20%
Coming July 1, 2010 you're paying the extra 7. That's 22-27% extra on top of your meal. I know personally myself I will be cutting the eating out.
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08-07-2009, 11:34 AM
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#43 | | Willing to sell a family member for a few minutes on RS
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People will still eat out, they will just tip less. The people who "depend" on the tips in the end will get fucked  . I say just start taxing tips......
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08-07-2009, 11:41 AM
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#44 | | I only answer to my username, my real name is Irrelevant!
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^^^ i hope this doesnt turn into a "they deserve tips, yes they do!, no they dont!"
oh and btw NO THEY DONT!
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08-07-2009, 12:09 PM
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#45 | | Fathered more RS members than anybody else. Who's your daddy?
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Originally Posted by StylinRed why do you guys hate the ndp so passionately over the liberals oO
nutty :P (im expecting the usual responses but they don't seem adequate) | I think people are basically sick and tired of their poor performance when in power. I grew up in East Van and just about everybody, including me, was an NDP supporter. Too many scandals, dumbass projects, and spending sprees. I no longer support them. They claim to be there for the lower income, the disadvantaged, the workers and shit, but they are in bed with the unions - unions don't give a shit about their members, just themselves.
The Liberals, on the other hand, are not any better - in bed with business and not caring about average Joe or the environment.
Most, if not all, politicians are crooks and liars. Either that or stupid and out of touch with reality. I guess it's hard to be in politics without losing focus. The games you have to play and the asses you have to kiss. Besides, if you tell the truth, you're fucked - nobody has the balls to tell the truth anyway. If a politician with any integrity ran for office, I'd be a staunch supporter no matter what party they ran for.
Chuck Cadman, RIP.
Gordo......... go to hell in an empty scotch bottle
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Youth is, indeed, wasted on the young.
| YODO = You Only Die Once.
Dirty look from MG1 can melt steel beams.
"There must be dissonance before resolution - MG1" a musical reference.
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08-07-2009, 02:56 PM
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#46 | | I contribute to threads in the offtopic forum
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Originally Posted by 89blkcivic I think people are basically sick and tired of their poor performance when in power. I grew up in East Van and just about everybody, including me, was an NDP supporter. Too many scandals, dumbass projects, and spending sprees. I no longer support them. They claim to be there for the lower income, the disadvantaged, the workers and shit, but they are in bed with the unions - unions don't give a shit about their members, just themselves.
The Liberals, on the other hand, are not any better - in bed with business and not caring about average Joe or the environment.
Most, if not all, politicians are crooks and liars. Either that or stupid and out of touch with reality. I guess it's hard to be in politics without losing focus. The games you have to play and the asses you have to kiss. Besides, if you tell the truth, you're fucked - nobody has the balls to tell the truth anyway. If a politician with any integrity ran for office, I'd be a staunch supporter no matter what party they ran for.
Chuck Cadman, RIP.
Gordo......... go to hell in an empty scotch bottle | i totally agree with you on the NDP part.. but I find liberals are actually doing something about the environment... run of the river, carbon tax.. etc.. etc..
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08-07-2009, 03:06 PM
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#47 | | Banned (ABWS)
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Originally Posted by hotjoint People will still eat out, they will just tip less. The people who "depend" on the tips in the end will get fucked . I say just start taxing tips...... |
haha.. i think that is what i'm going to do when the hst gets introduced.
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08-07-2009, 03:07 PM
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#48 | | I only answer to my username, my real name is Irrelevant!
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Originally Posted by scheng924 i totally agree with you on the NDP part.. but I find liberals are actually doing something about the environment... run of the river, carbon tax.. etc.. etc.. | aren't the liberals selling our rivers off to private corps?
Scandals are a fact of every political party, personally i find the scandals behind the Liberals to be far worse than the NDP.
Having said that putting off the NDP completely over scandals when (imo) the Liberal scandals are far worse or, at the very least, equal to the NDP seems rather.... lame?
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08-07-2009, 07:23 PM
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#49 | | Fathered more RS members than anybody else. Who's your daddy?
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Originally Posted by StylinRed Having said that putting off the NDP completely over scandals when (imo) the Liberal scandals are far worse or, at the very least, equal to the NDP seems rather.... lame? | The difference is, the Liberals are good at hiding shit, while the NDP are just plain stupid. I think Gordo should have resigned over hte drinking incident, but his PR team got him out of hot water. Crocadile tears and drawing the father's drinking problem card, worked. He even had MADD convinced. If you or I got busted for DUI, we'd be in prison and raped repeatedly by some giant Hawaiian dudes.
I don't have the answer, but the NDP just look dumber when they get caught doing something wrong and people tend to remember their screw ups more.
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Youth is, indeed, wasted on the young.
| YODO = You Only Die Once.
Dirty look from MG1 can melt steel beams.
"There must be dissonance before resolution - MG1" a musical reference.
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08-07-2009, 09:42 PM
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#50 | | Willing to sell body for a few minutes on RS
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Originally Posted by 89blkcivic not caring about average Joe or the environment.
| But but but... Carbon Tax!
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