Wayne & Belle

Wayne & Belle
Sassamat Lake

Friday 15 July 2011

More lies and wishful thinking

Re: HST is a more fair, equitable tax The News July 15/2011

More of the same the HST is a regressive tax bla bla bla, same old spin different messenger, then we get to the biggest lie of them all Quote "The input HST tax credits have allowed BC businesses to expand, hire more people and recover from the economic downturn” unquote. 

Do you people actually believe this crap or are you just rehashing BC Liberal talking points or do they actually pay you? 

Show me the stats

Businesses have not and do not hire people just because they are making more money, be it the HST or any other economic windfall,  they either put it in their pockets as bonuses or they give it to shareholders as increased dividends, successful businesses hire people when they have to, because of increases in business where the employes they already have can no longer handle the work load. 

Unfortunately that is not likely to happen anytime soon as the consumers of BC have 2 billion dollars less disposable income to spend in business establishments around the province of BC, as a matter of fact more and more take their spending out of country to avoid the HST. 

As it turns out our supposedly revenue neutral HST was hardly that and there has inadvertently been an extra 800 million sucked out of BC consumers pockets. 

To put it as simply as I can, I believe 80 percent of BCs GDP  is generated within BC itself and there is now about 2.8 billion less to stimulate that domestic economy, but hey the big exporters are happy so what the hell. 

Time to put an end to this voodoo economics, vote yes to extinguish the HST.  

Wayne Clark

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