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Strategies & Market Trends : ahhaha's ahs

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To: Don Lloyd who wrote (3212)10/19/2001 3:39:50 PM
From: JayPCRead Replies (2) of 24758
 
What % would the federal GST be?

It's 7% in Canada. In August the GST revenue was 1.9Billion, personal income tax revenue was 5.8 Billion. You would need a GST of 28% to replace the lost income tax (all other things being equal).
fin.gc.ca

Regards
Jay
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