0
A brief answer is Newfoundland, New Brunswick, Nova Scotia, BC and Ontario currently have implemented the HST. A longer answer is that Saskatchewan had it in 1991 but it was repealed when the NDP took over -- they may go back to the HST however. Manitoba and Prince Edward Island are considering it. Alberta never had any provincial sales tax to blend (those lucky guys!) Quebec has the GST, HST and a Quebec sales tax (those unlucky guys!)
I recently went into a store in BC and a lady was complaining loudly that her bill had 12% HST on it. She was yelling at the clerk that just a month earlier (before HST was implemented) the GST was only 5% and the PST was 7%. To demand 12%, the lady exclaimed, was highway robbery. The lady had thought 12% was over and above the old tax. If you added up the old taxes though, 5% plus 7% equals 12%. It was the same percentage but the lady got all bent out of shape because she misunderstood the concept. Funny isn't it?
Education is the key to understanding taxes and the services the government provides. No one likes taxes. They are here to stay however. Harmonizing the two taxes makes economic sense but it's a tough pill to swallow for many people. Many people don't understand it and they really should.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What is the HST in Alberta?
Alberta does not have HST. It only has GST. HST (Harmonized Sales Tax, which is the combination of Provincial Sales takes and Goods and Services Tax) is only found in Ontario, British Columbia, New Brunswick, Newfoundland and Nova Scotia. The current rate of GST for all provinces, including Alberta, is at a rate of 5%.
When was the HST created?
1975 - 1982 Was The Build Date Of The HST
What is the difference between the HST and other land telescopes?
the hst is in space....
Is gst or hst included in mileage reimbursement?
Is hst included in mileage reimbursement
What time in Hst at 6 pm est?
1 PM HST. 5 hours difference between East Coast & HST right now.
When was the hubbe speca telescopes HST first launchad into orbit?
The HST was only launched once, in 1990 .
What is the difference between range rover hse and hst?
difference between Range Rover HSE / HST
What was DDE's predecessor?
hst
Is the HST still there?
Yes, it is.
How much is the hst?
It is 13%
Do you put GST or HST on the balance sheet?
HST paid goes on the credit side or expenses on the balance sheet
What is a social disadvantage of the HST?
The HST is a consumption tax that applies to a wide range of goods and services, and it typically imposes a uniform rate on everyone, regardless of their income level. The social disadvantage arises because consumption taxes like the HST tend to place a proportionately higher burden on lower-income individuals and families. This is because those with lower incomes spend a larger portion of their earnings on goods and services subject to the tax, whereas higher-income individuals can save or invest more of their income, reducing the percentage of their income that goes towards taxed consumption. As a result, the HST can contribute to income inequality by disproportionately affecting those who can least afford it. This can exacerbate social and economic disparities by reducing the purchasing power of low-income households and potentially widening the wealth gap in society. To mitigate this disadvantage, policymakers may implement measures such as exemptions, rebates, or targeted credits to lessen the impact of consumption taxes on vulnerable populations.
