| Vancouver Off-Topic / Current Events The off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum. |
 | | 
09-08-2011, 12:13 PM
|
#1 | | I *heart* Revscene.net very Muchie
Join Date: May 2004 Location: Edmonton
Posts: 3,529
Thanked 665 Times in 273 Posts
Failed 81 Times in 29 Posts
| Income taxes to rise in B.C. following rejection of HST
Income taxes to rise in B.C. following rejection of HST - The Globe and Mail Quote:
British Columbians should brace to pay more in personal income taxes as part of the price of voting to eliminate the harmonized sales tax, finance minister Kevin Falcon said Thursday.
At a briefing to update the province’s fiscal situation, Mr. Falcon said the province will have to absorb a $2.3-billion hit over the next three years as it unbundles the provincial sales tax and the federal Goods and Services Tax - as directed by a majority of voters in a province-wide referendum.
The PST is expected to be back in place no later than March, 2013 and when it is restored, the government will also claw back $456-million worth of tax relief that it had bundled up with the introduction of the HST.
That includes $230-million worth of low-income tax credits, and $226-million that increased the basic personal exemption on income taxes.
Mr. Falcon said the government will still meet its balanced budget targets in 2013 but it will require “belt-tightening” to cover the increased costs associated with backing out of the federal agreement on the HST.
However, the figures presented at his fiscal update were inflated because they did not factor in the promised reduction in the HST rate, had the government won the referendum. Finance officials later said the cost of re-introducing the PST and the GST will be $2.2-billion over three years.
|
__________________
"A chicken crossing the street is poultry in motion"
| 
|  | |
09-08-2011, 12:15 PM
|
#2 | | My homepage has been set to RS
Join Date: May 2005 Location: #604
Posts: 2,267
Thanked 2,454 Times in 813 Posts
Failed 146 Times in 72 Posts
|
Wow.. that sucks.. good job idiots who voted down the HST..
| |
| | |
09-08-2011, 12:15 PM
|
#3 | | I STILL don't get it
Join Date: Aug 2008 Location: van
Posts: 452
Thanked 20 Times in 13 Posts
Failed 30 Times in 11 Posts
|
i know these fuckers will draw our blood somewhere else. thats why i dont bother vote against hst.
if the government want to rape you, they will find a way to rape you unless you move out of the province or country
| |
| | |
09-08-2011, 12:21 PM
|
#4 | | I subscribe to the Fight Club ONLY
Join Date: Jan 2002 Location: Victoria, BC
Posts: 7,111
Thanked 15 Times in 8 Posts
Failed 4 Times in 1 Post
|
if you don't vote, you have NO right to complain.
as for the tax increase, where did people expect the money to come from? out of thin air?
__________________
88 Toyota Supra Turbo.... maybe ready to drive soon.
05 Subaru Legacy GT - for sale
04 Volvo V70R
| |
| | |
09-08-2011, 12:22 PM
|
#5 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Oct 2005 Location: Revscene
Posts: 9,971
Thanked 8,212 Times in 2,766 Posts
Failed 438 Times in 130 Posts
|
Sigggghhhhhh
__________________ Quote:
Originally Posted by skyxx  Sonick is a genius. I won't go into detail what's so great about his post. But it's damn good! | 2010 Toyota Rav4 Limited V6 - Wifey's Daily Driver
2009 BMW 128i - Daily Driver
2007 Toyota Rav4 Sport V6 - Sold
1999 Mazda Miata - Sold
2003 Mazda Protege5 - Sold
1987 BMW 325is - Sold
1990 Mazda Miata - Sold 100% Buy and Sell Feedback | |
| | |
09-08-2011, 12:32 PM
|
#6 | | Banned (ABWS)
Join Date: Oct 2006 Location: Richmond
Posts: 5,138
Thanked 2,216 Times in 510 Posts
Failed 852 Times in 132 Posts
|
well that's a surprise. NAHT.
| |
| | |
09-08-2011, 12:43 PM
|
#7 | | ninja edits your posts without your knowledge
Join Date: Jan 2004 Location: Vancouver
Posts: 14,997
Thanked 6,370 Times in 1,795 Posts
Failed 114 Times in 70 Posts
| Quote:
Originally Posted by benwang i know these fuckers will draw our blood somewhere else. thats why i dont bother vote against hst.
if the government want to rape you, they will find a way to rape you unless you move out of the province or country | Are you retarded?
The vote came down to 54% vs. 46%. That's a 4% difference. The outcome could have easily been the other way around had more people went out and voted.
52% of the province came out and voted. That leaves a whole whopping 48% that did not. Even if you account for people being away, the number is ridiculous.
| |
| | |
09-08-2011, 12:48 PM
|
#8 | | HELP ME PLS!!!
Join Date: Dec 2009 Location: Canada
Posts: 5,647
Thanked 1,816 Times in 450 Posts
Failed 4,294,967,295 Times in 173 Posts
|
Not a lot of people cares because they will rape us either way Posted via RS Mobile | |
| | |
09-08-2011, 12:49 PM
|
#9 | | Banned By Establishment
Join Date: Mar 2006 Location: Richmond
Posts: 12,484
Thanked 2,091 Times in 773 Posts
Failed 765 Times in 247 Posts
|
lol, more lies from the government.
| |
| | |
09-08-2011, 12:58 PM
|
#10 | | My homepage has been set to RS
Join Date: Apr 2005 Location: vancouver
Posts: 2,217
Thanked 811 Times in 274 Posts
Failed 170 Times in 63 Posts
|
oh so after they bridge the 2billion $ gap they will bring down income tax back.. fuck that....oh same as parking meter rate increase to bridge gap for revenue they lost during olympics......
i dont believe anything the government says anymore... NDP/LIBERALS/CONS... all crooks one way or another...
btw. so when are to MPs getting next raises???
| |
| | |
09-08-2011, 01:01 PM
|
#11 | | My homepage has been set to RS
Join Date: Dec 2008 Location: Vancouver
Posts: 2,308
Thanked 825 Times in 341 Posts
Failed 203 Times in 77 Posts
|
these increases to the income tax (more like decreases to credits) are not very significant at all. Morever, the more income you have, the more you'll contribute to paying off this debt. Half of you people on here who are students with low income should not even be worried. The others who have a moderate income are also not TOO screwed either. Don't just hear "tax increase" or "tax cut" and react violently right away
| |
| | |
09-08-2011, 01:01 PM
|
#12 | | Willing to sell body for a few minutes on RS
Join Date: Sep 2002 Location: vancouver
Posts: 10,849
Thanked 291 Times in 122 Posts
Failed 20 Times in 8 Posts
|
I'm not surprised.
Government needs money....Its got to come from somewhere.
| |
| | |
09-08-2011, 01:06 PM
|
#13 | | I STILL don't get it
Join Date: Feb 2004 Location: Vancouver
Posts: 464
Thanked 262 Times in 83 Posts
Failed 116 Times in 33 Posts
|
the only silver lining in all of this is seeing the expression of the poor/uneducated that voted against the HST watch all these stories and realize what the fuck have they done?
__________________
real recognize real.
| |
| | |
09-08-2011, 01:14 PM
|
#14 | | I contribute to threads in the offtopic forum
Join Date: Oct 2009 Location: richmond
Posts: 2,837
Thanked 1,490 Times in 570 Posts
Failed 172 Times in 64 Posts
|
And once again if this happens the majority of short sided public will not bitch about how the government fucked up in the first place but will instead bitch about the majority vote that abolished it.
__________________
Rise Auto Salon
11938 95a Ave Delta
I can be reached VIA text @ 778-232-1465
Oil change special $70 5 liters synthetic oil including OEM filter Fender rolling from $45 per fender
Car Audio:
Focal, Morel, Genesis, Clarion, Scosche, Escort, Compustar, GReddy, Blitz, Tomei, Motul, Endless, Defi, Cusco, Nismo + More
We specialize in:
Custom Car Audio
Race/4x4 Fabrication
Forced Induction
Engine Swaps
General Maintenance | |
| | |
09-08-2011, 01:15 PM
|
#15 | | I am grateful grapefruit
Join Date: Mar 2005 Location: Vancouver
Posts: 4,094
Thanked 831 Times in 392 Posts
Failed 83 Times in 11 Posts
| Quote:
Originally Posted by nates the only silver lining in all of this is seeing the expression of the poor/uneducated that voted against the HST watch all these stories and realize what the fuck have they done? | Except the poor aren't the ones that are paying the extra taxes - most of the tax burden will fall on the middle class who don't have the ability to write off their expenses.
__________________
Proud member of GRAPE Great Revscene Action Photographers Enthusiasts | |
| | |
09-08-2011, 01:16 PM
|
#16 | | My homepage has been set to RS
Join Date: Jun 2006 Location: Richmond
Posts: 2,224
Thanked 1,207 Times in 432 Posts
Failed 203 Times in 83 Posts
|
theres no such thing as decreasing taxes, ever, anywhere
| |
| | |
09-08-2011, 01:24 PM
|
#17 | | YOU CANT CUT BACK ON FUNDING! YOU WILL REGRET THIS
Join Date: Feb 2009 Location: FL400
Posts: 5,873
Thanked 3,117 Times in 1,044 Posts
Failed 555 Times in 158 Posts
| 
good job getting rid of the HST VANDER ZALM.
GO, FIGHT ONCE AGAIN FOR YOUR FUCKING PEOPLE
OH WAIT YOU WONT FUCKING DO THAT BECAUSE ALL YOU WANTED TO FUCKING GET RID OF THE FUCKING HST BECAUSE YOU OWNED FUCKING DEVELOPMENT PROPERTY ON FUCKING STEVESTON HIGHWAY WHERE THE FUCKING FANTASY SHIT GARDENS USED TO BE AT (sidenote: you fucker wasted so much building that too shitfacehead). NOW YOU BRING MORE FUCKING TAX TO FUCKING PROVINCE. GO FUCKING HIDE FUCKER
__________________
Where the hell am I
| |
| | |
09-08-2011, 01:32 PM
|
#18 | | Banned By Establishment
Join Date: Mar 2006 Location: Richmond
Posts: 12,484
Thanked 2,091 Times in 773 Posts
Failed 765 Times in 247 Posts
|
lol hst tax neutral
| |
| | |
09-08-2011, 01:43 PM
|
#19 | | The RS Freebie guru
Join Date: Jul 2001 Location: East Vancouver
Posts: 22,032
Thanked 2,491 Times in 860 Posts
Failed 137 Times in 67 Posts
|
But if the HST was never introduced, we wouldn't be in such a position, right?
I guess this is a case of two wrongs don't make a right?
| |
| | | This post thanked by: | Bahhbeehhaaaa, Carl Johnson, cdizzle_996, clowe, Durrann, Gesus, hotjoint, Jsunu, mikemhg, RiceIntegraRS, spoon.ek9, SumAznGuy | |
09-08-2011, 01:53 PM
|
#20 | | I am grateful grapefruit
Join Date: Mar 2005 Location: Vancouver
Posts: 4,094
Thanked 831 Times in 392 Posts
Failed 83 Times in 11 Posts
| Quote:
Originally Posted by InvisibleSoul But if the HST was never introduced, we wouldn't be in such a position, right?
I guess this is a case of two wrongs don't make a right? | I think that with the way things are going in the country - a lot of provinces will be introducing HST in the next 10 years. It honestly makes more sense for businesses to open up in a province with HST than the PST/GST combo, and in a few years - as businesses stop opening up in BC - they'll understand and reintroduce the HST.
It's funny - because the Ontario Premier himself said that if BC scrapped the HST - it would give his province a competitive advantage.
__________________
Proud member of GRAPE Great Revscene Action Photographers Enthusiasts | |
| | |
09-08-2011, 01:55 PM
|
#21 | | 14 dolla balla aint got nothing on me!
Join Date: Jun 2009 Location: Richmond BC
Posts: 611
Thanked 133 Times in 52 Posts
Failed 41 Times in 13 Posts
|
So many problems on something that shouldn't have existed in the first place Posted via RS Mobile | |
| | |
09-08-2011, 02:29 PM
|
#22 | | Banned (ABWS)
Join Date: Feb 2009 Location: Kits/Richmond
Posts: 4,409
Thanked 1,105 Times in 540 Posts
Failed 555 Times in 222 Posts
| Quote:
Originally Posted by dachinesedude theres no such thing as decreasing taxes, ever, anywhere | Not true. Income tax in BC has decreased for most of the last decade.
| |
| | |
09-08-2011, 02:39 PM
|
#23 | | RS.net, where our google ads make absolutely no sense!
Join Date: Sep 2001 Location: Vancouver, BC
Posts: 948
Thanked 66 Times in 35 Posts
Failed 12 Times in 3 Posts
|
Can we have a referendum on this income tax increase too?
__________________
Infiniti G20
| |
| | |
09-08-2011, 04:56 PM
|
#24 | | Rs has made me the woman i am today!
Join Date: Oct 2004 Location: Richmond
Posts: 4,457
Thanked 2,259 Times in 439 Posts
Failed 595 Times in 124 Posts
| Quote:
Originally Posted by Greenstoner Not a lot of people cares because they will rape us either way Posted via RS Mobile | At least with the HST you can control how much money is taken out of your pocket, spend less, save more. With income tax, the govt decides how much money they get to take.
So most people should care!
| |
| | |
09-08-2011, 04:59 PM
|
#25 | | Rs has made me the woman i am today!
Join Date: Oct 2004 Location: Richmond
Posts: 4,457
Thanked 2,259 Times in 439 Posts
Failed 595 Times in 124 Posts
| Quote:
Originally Posted by Captain Picard
good job getting rid of the HST VANDER ZALM.
GO, FIGHT ONCE AGAIN FOR YOUR FUCKING PEOPLE
OH WAIT YOU WONT FUCKING DO THAT BECAUSE ALL YOU WANTED TO FUCKING GET RID OF THE FUCKING HST BECAUSE YOU OWNED FUCKING DEVELOPMENT PROPERTY ON FUCKING STEVESTON HIGHWAY WHERE THE FUCKING FANTASY SHIT GARDENS USED TO BE AT (sidenote: you fucker wasted so much building that too shitfacehead). NOW YOU BRING MORE FUCKING TAX TO FUCKING PROVINCE. GO FUCKING HIDE FUCKER | I lol'd when I read this!
| |
| | | |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts
HTML code is Off
| | |
All times are GMT -8. The time now is 04:58 PM.
|
You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!
The banners on the left side and below do not show for registered users!
