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Article #1727Re: STOP THE BST!
From: Brad Morrison
Date: Fri, 06 Dec 1996 00:00
Date: Fri, 06 Dec 1996 00:00
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1568 bytes
On 4 Dec 1996 16:57:55 GMT, speirs@chebucto.ns.ca (Robert Speirs) wrote: >Incorrect. Since the cost of very basic expenses for businesses, such as >electricity, will increase, it is easy to predict that all prices will >rise. Economics 101 and common sense. Actually, since business will get an input credit for the 15% tax on all goods/services purchased, this isn't true. Right now, a business gets a credit for the GST on all items consumed by that business, however, there is no corresponding credit for PST paid. When the two are blended, businesses will get an input credit for the entire amount - meaning, overall, expenses will be lower by the amount previously spent on PST. Brad Morrison -- Brad Morrison CanNet@iStar.ca President Fax (902) 453-6083 Can~Net Computer Group Ph.(902) 488-1700 Halifax, NS Canada
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: f7b9c,6615dadde5b9a7e8 X-Google-Attributes: gidf7b9c,public X-Google-Thread: fbdd9,6615dadde5b9a7e8 X-Google-Attributes: gidfbdd9,public X-Google-Thread: 105b91,13e919d314eb0b2c X-Google-Attributes: gid105b91,public From: cannet@istar.ca (Brad Morrison) Subject: Re: STOP THE BST! Date: 1996/12/06 Message-ID: <32a782e1.25180534@news.nstn.ca> X-Deja-AN: 202617213 references: <58254o$6ob@News.Dal.Ca> <32a5c2e0.34316430@news1.ns.sympatico.ca> <584aij$kjg@News.Dal.Ca> organization: Can~Net Computer Group reply-to: CanNet@istar.ca newsgroups: hfx.general,ns.general,dal.general