Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Let's Talk About Our Feelings!!! -- Ignore unavailable to you. Want to Upgrade?

To: Achilles who wrote (48127)	8/1/1999 2:23:00 AM
From: marcos	Read Replies (1) \| Respond to of 108807

Yes, that's right, the rhetoric was that the GST was to replace the Manufacturers' Sales Tax, which had been poorly thought out in the first place and which had been unfairly inhibiting Canadian manufacturers. But - i betcha they are taking in a whole lot bigger gross with the GST than the MST ever cost. And the gross is meaningless - the collection and admin costs of the GST are horrendous ... i forget the percentage net of costs to RC but it is depressingly low. Here's another absurdity - my business is in the trading of a commodity that ends up being exported, so while every single business along the line has to go through all the expensive motions of complying with the slavery edict of being an unpaid tax collector, the GST collected gets refunded as the finished commodity crosses the border. We lose, they don't even make costs. Where the logic is in this, i do not know.

To: Achilles who wrote (48127)	8/1/1999 11:51:00 AM
From: Father Terrence	Read Replies (1) \| Respond to of 108807

To All Interested in Getting RID of Income Tax: Get full details here: cats.org I personally urge all to sign up!! Terrence