01-11-2006, 06:37 AM
Y'know I can't understand why people think cutting income tax is perferable to cutting the GST.
Income taxes are taxes on income, if you don't make anything, you pay no tax, meaning that if you're at the low end of the income scale, a tax cut has a neligible effect.
The GST is a consumption tax and everyone pays it, rich or poor, frankly the GST credit that low incom earners get is a slap in the face in comparision to how much they actually spend on items to which the GST is attached.
Frankly I would think that it would be an easy choice to make, but maybe I'm missing something here :blink:
NefCanuck
Income taxes are taxes on income, if you don't make anything, you pay no tax, meaning that if you're at the low end of the income scale, a tax cut has a neligible effect.
The GST is a consumption tax and everyone pays it, rich or poor, frankly the GST credit that low incom earners get is a slap in the face in comparision to how much they actually spend on items to which the GST is attached.
Frankly I would think that it would be an easy choice to make, but maybe I'm missing something here :blink:
NefCanuck