Quote:
Originally Posted by WarrenC12
^^^^ Consumption taxes are the best way to tax. Even the PST in its current form is better than income tax.
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True, because it affects everyone... and generally wealthy people more. However consumption taxes only work if nearby tax jurisdictions are on the same page. Which they are not.
Seattle has 2.7% tax all to itself. 6.5% State tax.
Vancouver has.... 7% PST, 5% GST, so we're at 12%, or a minimum of 5.5% more than across the border. Alberta only has the GST (though for how long)
Since they are not, that means the people who live the closest to the border (eg Surrey, Delta, White Rock, Langley, Abbotsford) and those who live near Alberta will just buy from the stores across the border, thus less of that revenue goes to the Province.
As they say, you never add a tax, because it never disappears.