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does the gst cut

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July 3rd, 2006, 09:04 PM
Platinum Supermommy
Join Date: Nov 2004
Posts: 8,385
So a few days ago went from 7% to 6%. Do you think this is a good thing?

If it were up to me I would not have cut it out. It brings in a lot of revenue, and really, at the end of the month we are not going to notice that 1% we "saved".
mom of 5 girls
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July 3rd, 2006, 11:12 PM
Posts: n/a
Well my usual order from Tim Hortons is 2 cents cheaper lol

I dont think it matters. I think it just helped Harper in his campaign. People love for things to be cut!
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July 4th, 2006, 08:04 AM
chelseamb's Avatar Platinum Supermommy
Join Date: Nov 2005
Location: Alberta, Canada
Posts: 11,391
I dunno... im kinda blah on the issue, imo who cares... its just harper trying to stay "good book" worthy!

Thank you to Vicki.. For my amazing Siggy

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July 4th, 2006, 09:47 AM
_Brandy_'s Avatar Platinum Supermommy
Join Date: Dec 2004
Location: Fort McMurray, AB, Canada
Posts: 13,240
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It doesn't really matter, it is nice, sure, but 1% isn't a lot unless you are buying a lot. As a report on the TV said the other day, only those making a big purchase notice, but only those that are rich can make the big purchases anyway and the 1% makes little difference.

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July 4th, 2006, 10:43 AM
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^ exactly! DH was like if we buy something thats $20,000 we get alot back lol LIke how oten will we be doing that!!!
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July 4th, 2006, 04:02 PM
Natural Blessings's Avatar Mega Super Mommy
Join Date: Apr 2004
Location: Alberta/Saskatchewan, Canada
Posts: 1,168
I don't think it matters either, especially since companies are not fined if they keep the tax at 7%. They do not have to decrease it to 6% if they don't want to. Alot of stores are not going to bother reducing it becaues it won't make a difference in the prices of their products. They say it is up to us consumers to police whether a company has reduced it or not. If we are still charged 7% tax then we are supposed to send those receipts into the gov't(somewhere, no idea of an address) and I am guessing we'll be reimbursed that 1%. Worth it, most likely not. I can see alot of companies(especially with those who have taxes added into the price) "reducing" the gst but charging the same so they are essentially making 1% more in profit. It is costing all these companies money to get their computerized registers to charge 6% instead of 7%.
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July 4th, 2006, 04:06 PM
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I really have nothing more to add.. I'm just do darn happy to see such positive political Q&A's lately on the Cdn secton!
do de do de do
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