How Easy We Forget
By Ben Meisner
How will the HST play out in the end?
It received yet another airing this week when the Premier announced that a referendum, just as had been predicted earlier, would take place next year.
As they say in the trade, that allows some dust to settle on the issue, the people of the province to get more accustomed to the new tax, it will also allow small business who now can deduct more tax than previously to come on board.
So where are we?
The province will take a gamble that by next year less than 50% of the voting public will want to go to the polls and the whole matter will, for the most part, be forgotten.
The next move on HST will come about nine months before the next provincial election, when fattened by more revenues both from the HST and other sources, the province will drop the old PST portion of the tax by a further 2% making the HST very, very palatable and so the voters who were bent on firing the government will have gotten their say, the government will get its wish and the matter will be put to bed.
Time always has been a healing factor and the Liberals will use the reasoning that had you had an NDP government you would now be swimming in debt. As it now stands, we are quickly getting back into the black.
I’m Meisner and that’s one man’s opinion.
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