Liberal Spin on HST, Unspun

"All that can be said for certain is that the HST gives a cost break to some businesses with the break being a greater proportion of cost the lower labour is as a proportion of total costs, since labour is not subject to the tax or its credits; the elimination of the HST and return to the PST would give most service and previously PST exempt industries a 7% price advantage relative to the HST system."

David Schreck has a indepth article on the HST HERE

In reading this article there were some things I did not understand. But in general he has spelled out what I have realized for quite some time.

It is a long read but well worth the effort..

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