Premier Gordon Campbell brought in the HST to pay for his twin bridges and super highway projects.
That’s the real reason for the HST.
Period.
Right now, no matter what the accountants’ numbers say, we are $6 billion in the hole.
And sooner or later, we and our grandchildren will have to pay that debt, no matter who or what is taxed to replace revenue lost if we repeal the HST.
Did you know, we already have a double win? We got our Liberal government to admit to a mistake.
Wow!
Another win – there are rebates for some of us and a two per cent lowering of the tax rate for us all.
Now, let’s not “shoot ourselves in the foot” by repealing the HST.
It would be a victory, but a hollow one.
The cost of changing back to previous taxes plus the decrease in revenues will only add to the debt load our children and grandchildren will have to pay.
Walt Friesen