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.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (110887)	4/22/2010 4:25:06 PM
From: Jim McMannis	7 Recommendations Read Replies (2) \| Respond to of 116555

RE:"I wouldn't be so opposed to a VAT if the income tax was repealed"... I'd say the chances of that are none and none. Worse than slim and none.

To: Hawkmoon who wrote (110887)	4/22/2010 5:53:18 PM
From: Kayaker	2 Recommendations Read Replies (4) \| Respond to of 116555

Your Feds are probably watching Canada. As of July 1st we'll be paying a 12% VAT (called the harmonized sales tax, or HST) here in British Columbia. That's 12% on goods AND services. Get your car tuned up and you pay 12% tax on both the parts AND labour. Only individuals will pay the HST, companies will not.