View Single Post
  #10  
Old Posted Dec 10, 2009, 7:01 PM
WarrenC12's Avatar
WarrenC12 WarrenC12 is offline
Registered User
 
Join Date: May 2007
Location: East OV!
Posts: 24,452
Quote:
Originally Posted by Yume-sama View Post
Yeah, there's no way that the price of ANY good is decreased, even marginally, because of this.
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 View Post
Personally I'm still shocked the GST ever went down to 5%.
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.
Reply With Quote