HST: Unfair Tax Grab - sign the petition

[Alan Illeman]

> ----- Forwarded Message ----
> this is worth while to read and sign the petition!
>
> Ontario's New 13% Harmonized Sales Tax - What It Will Mean To You
>
> Next summer (2010) the Ontario Government is set to put into force
> its new harmonized GST/PST sales tax which will apply a 13% sales tax
> to everything we purchase.
>
> Things That Were Not Subject To The Current 8% PST Will Be Now Taxed
> As a result, things that were not previously taxed under the current
> Ontario Provincial Sales Tax (PST) will be taxed at 8%.
>
> The new 13% tax will therefore apply to things like your electric
> bill, your gas bill, your water bill, condominium fees, insurance
> premiums, and every other good and service you purchase. There are
> almost no exemptions.
>
> The current Ontario PST tax does not apply to services, nor does it
> apply to the purchase of certain goods. The new 13% tax will
> therefore extend the old 8% PST tax rate to the purchase of all goods
> and all services.
>
> The New 13% Tax Will Apply To The Purchase of All New Homes
> The new harmonized GST/PST will also apply to all purchases of all
> new homes. If a person were to purchase a new $1 million dollar home
> in Toronto, they would have to pay roughly $200,000 in taxes as a
> result of the Ontario land transfer tax, the new city of Toronto land
> transfer tax, and the new harmonized 13% GST/PST..
>
> Think about that and what that would do to real estate values in
> Toronto.
>
> It will cause property values to fall and kill the new home
> construction industry and the jobs it creates.
>
> And it won't be long before you'll hear our elected representatives
> telling us that, because of the harm that has been inflicted to the
> new home construction industry by the new 13% tax, it would be "fair"
> to extend the new 13% tax to sales of existing homes.
>
> The New 13% Tax Is An Assault On Your Primary Residence
> Canadians have had two things that they have always been able to
> count on as being tax free - things that they could use to save money
> and accumulate wealth. They are your: (a) primary home; and (b) RRSP.
> That's it.
>
> The extension of the new 13% GST/PST to homes is simply a tax assault
> by the government on your primary home. They want to tax your primary
> home and you will suffer because of it.
>
> Why? Because if a purchaser has to pay almost $200,000 in taxes to
> buy your $1 million dollar home, the purchaser is going to pay less
> to you for your home. The purchaser will reduce the amount he or she
> is willing to pay to you in order to pay all the taxes.
>
> The New 13% Tax Will Effectively Raise Your Income Taxes
> Currently, the combined Federal/Ontario income tax rates are roughly
> 25% on the first $20,000 of taxable income, 42% on the next $40,000
> of taxable income, and 46.5% on each dollar of taxable income over
> $60,000. On top of that you have to add the "Fair Share Health Tax"
> of up to $1,000 each of us has to pay.
>
> If the Ontario Government gets away with implementing their new
> harmonized GST/PST sales tax of 13%, the top effective income tax
> rates in Ontario will be as follows (since you can't spend any of
> your tax paid dollars without paying the new harmonized 13% GST/PST
> tax):
>
> 38% on the first $20,000
> 53% on the next $40,000
> 59.5% on every dollar over $60,000
>
> On top of that, you have to pay your Ontario Fair Share Health Tax,
> your city realty taxes, your city garbage fees, your city water fees,
> your city street parking permit fees, your annual Ontario and new
> city of Toronto vehicle license plate fees, your Ontario land
> transfer tax, your new city of Toronto land transfer tax, your
> gasoline taxes, your liquor taxes, your air departure taxes, your
> entertainment taxes, and so on.
>
> OF ALL THE MONEY YOU WORKED HARD TO EARN, WHAT PERCENTAGE ARE YOU
> REALLY KEEPING FOR YOUR OWN USE? 25%? 20%? 10%?
>
> ENOUGH IS ENOUGH - FIGHT BACK
> THIS HAS GOT TO STOP HERE OR WE WILL ALL SOON BE WORKING FULL TIME
> FOR THE VARIOUS LEVELS OF GOVERNMENT IN ONTARIO.
>
> YOU CAN ALREADY SEE HOW ARE LIFESTYLES ARE DECLINING BECAUSE OF THE
> ENORMOUS TAX LOAD WE BEAR.
>
> AS A RESULT, I URGE YOU TO TAKE THIS ISSUE SERIOUSLY AND TO FILL AND
> AND SIGN THE PETITION AT http://www.unfairtaxgrab.com/home.html NEW
> HARMONIZED GST/PST TAX SET OUT BELOW.
>
> I WOULD ALSO ASK YOU TO SEND THIS E-MAIL ON TO OTHERS THAT YOU KNOW
> AND ASK THEM TO DO THE SAME.
>
> IF WE DON'T WORK TOGETHER ON THIS ISSUE THE NEW HARMONIZED 13% SALES
> TAX WILL BECOME A REALITY NEXT SUMMER.
>
> THANK YOU.
> To sign a petition go to http://www.unfairtaxgrab.com/home.html
>
> Thousands say "no" to the HST
>
> Dalton McGuinty claims "no one is complaining" about his unfair tax
> grab. You proved him wrong this week. On Wednesday we sent out a
> request asking you to send a message to the McGuinty Government about
> the HST. Almost instantly our email box began to fill. By the end of
> the day we'd received nearly 2,000 messages.
>
> New Democrat Members of Provincial Parliament did their best to read
> them into the record in the Legislature, but they simply ran out of
> time. The good news is: there are more debates to come and we'll be
> sending you details about how to keep up the fight against this
> unfair tax grab. In the meantime, you can read a transcript of the
> debate here.
>
> Together we can stop the HST.
>
> PS - Urge your friends, family and other concerned citizens to sign
> the petition at http://www.unfairtaxgrab.com/home.html
>