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fjallraven kanken Wake up British Columbians! The HST is the biggest tax shift from business to individuals ever!UPDATE Over 200 people have already joined my Facebook protest group NO BC HST please sign up today and send Premier Gordon Campbell a strong message.I need to be as alarmist as possible the Harmonized Sales Tax is the biggest wealth transfer through taxation that we have ever seen, with big business shifting $1.9 billion in taxes paid through to individuals!I just posted a response to a few readers who complained about my earlier item on the HST that taxes pay for public services and that the NDP is becoming an anti tax party.Of course taxes pay for public service I support that.But if you think the HST is an appropriate way to pay for public services you misunderstand completely what is happening with the HST!And I hope to god that the NDP fight this outrageous tax all the way until Premier Gordon Campbell is forced to drop it.I be writing on this Tuesday in 24 hours and the Tyee and of course here, but the short version is that this is the most enormous transfer of taxation from businesses to individuals we yet seen!It is also a highly regressive tax that is, it disproportionately impacts lower income earners because far more of their limited income will be spent paying the tax.A progressive tax increase would be far more desireable if a tax increase is needed to pay for public services. That way the burden falls more fairly on those with great income. Economy. fjallraven kanken
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