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Originally Posted by Yume-sama
Yeah, there's no way that the price of ANY good is decreased, even marginally, because of this.
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Sure they will. Ever hear of competition? Things out there with fixed prices will take a hit, unless they decide to up the price by a fixed amount (I'm thinking vending machines/parking, dollar stores, etc). It's a giant game of chicken in those industries.
Quote:
Originally Posted by Yume-sama
Personally I'm still shocked the GST ever went down to 5%.
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Purely politics. Bad decision with respect to the long term productivity and financial health of the country. Income tax reduction would be much better.
Harper the economist, my ass.