So the “independent” panel‘s report is out on the HST. And surprise, we find out the lies are bigger than ever and the benefits more hypothetical than credible.
First of all, the new lies…
Then: “It’s revenue neutral”.
Now: “The HST generates more revenue than the PST/GST”.
Then: “The new B.C. HST credit reduces the impact of the HST for lower income British Columbians. This chart shows the estimated amount sample households pay under both the PST and HST and how the B.C. HST credit and new income tax credits impact their bottom line”
Now: All the numbers are lies. The average family pays more, lots more.
And then there are the same old lies: The economy will grow as a reasult of HST by 2020. Someday, somewhere they assume some business will pass through 90% of the HST benefit to consumers.
Still, the question for the Christy Clark government is: How is a 2 billion tax increase for families, a tax increase that hits almost every family harder than your government claimed, a tax increase that will get bigger every year, good for families?
That’s the biggest lie of all.