Tuesday, June 29, 2010

The wacky world of HST

No, HST does not stand for Gonzo Doctor Hunter S. Thompson, of late lament. It stands for Harmonized Sales Tax -- the confiscatory tax known in Europe as Value Added Tax (VAT) -- and readers in Ontario and British Columbia are in for it, come July 1st. That's what comes of being part of Canada, eh!

Dirk Meissner of Canadian Press has written a good piece called "Let them eat cake: The wacky world of the Harmonized Sales Tax". Read it to find out why the wine at the wedding reception may taste a bit salty, and why you have to pay HST on one donut but not six.

Happy Canada Day, everybody! And don't forget to vote the bastards out, next chance you get!

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