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Pastimes : Let's Talk About Our Feelings!!!
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To: Krowbar who wrote (48121)8/1/1999 12:53:00 AM
From: marcos  Read Replies (1) of 108807
 
This was Canada's approach - to exempt food from the GST ... but not restaurant food or food meant to eaten on the run. So you get the ridiculous situation where five doughnuts cost more than six doughnuts, because half a dozen is the cut-off line between a food and a luxury item, it's not taxable, five are.

Overall, i agree - it is better to tax consumption than to tax income.
But - no country of which i am aware has eliminated or even significantly reduced its income taxes on instituting a value-added tax. And most countries have a VAT/IVA/GST - Canada, México, Australia, New Zealand, the UK, most European countries.

If you run a business, and i was when the GST came in in Canada, let me tell you - it's a horror show. Every business is forced to be an unpaid tax collector for the government ... I was known to mutter the word 'slavery' from time to time.
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