5% GST will mean …

24 January 2006
Bookmark and Share

Now that The Conservatives are elected to form a minority Canadian government. I’m looking forward to Steven Harper’s commitment to reduce GST from 7% to 5%

A 5% GST will mean

  • $2 more in savings in your pocket for every $100 GST eligible purchase.
  • that it’ll be easier to calculate taxes using your head if only GST is involved.
  • that it’ll be much harder to calculate taxes using your head if GST and PST (Ontario) is involved. [Quick! What is 13% of $77.99?]
    blog comments powered by Disqus