Finance Minister Kevin Falcon Discuses BC's HST Going from 12% to 10%

BC Finance Minister Kevin Falcon on Global Noon News explaining the why's and how's of British Columbia's proposed cut in the HST from 12% to 10%.

Originally aired on May 25, 2011

Category:

News & Politics

Tags:

• finance minister
• kevin falcon
• christy clark
• premier
• hst
• bc
• british columbia
• cut

[ak99372]

It is NOT 10%... it is 10+2%... who do you think is going to pay those 2% they shift on corporations?!! They're taking money from left pocket and placing into right pocket calling it a solution... I think HST is a great idea and they should do the same thing with income tax (I don't need two governments) but enough is enough this is BS and I'm voting YES get rid of it!

[radicalone77]

The point here is that all poltical parties are corrupt .Vote YES to repeal this unjust tax. :-)

[radicalone77]

Check cafr1.com for facts of the truth about corrupt goverments. Let me ask you some questions. 1) How is money created 2) who controls the Bank of Canada ? 4) Who did Glen Clarke go to work for after he resigned from office ? 5) What did former B.C. I.W.A. president Jack Monroe get caught for 6) What did Perley Edmund Holmes recently get busted for ? 7) What did Ken Georgetti get charged with ? NDP is a real honest bunch of politcians just like the Liberals.

[radicalone77]

Call what you want. The point is that any political party whether it’s the NDP or liberals, both have would imposed this tax. Both parties are filled with dishonest greedy lawyers that have no understanding of responsible economic decisions. Both parties have proven this in the past. Look back in the 1990s what did the NDP do for the province ? Casino gate , Glen Clarkes casino liscence scam. The Fast ferries fiasco. Both parties are corrupt, wake up and smell the coffee

[HSTinBCfacts]

@CanadianFamily It is amazing how many more things that we should tax less from bicycles to heating will cost more under HST

[HSTinBCfacts]

@fahansen Seems like a pretty transparent attempt to buy people with their own money

[HSTinBCfacts]

@radicalone77

The HST is purely ideological and has nothing to do with economics.

"This particular tax takes the tax off business, it takes $1.8 billion off businesses and puts it on consumers, and so that shift is a shift that is ideological as well as factual."

- Former BC Liberal finance minister Carole Taylor on the HST

[HSTinBCfacts]

‎"Cutting the HST by one point is more than $800 million out of the budget this year and every year after, $1.6 billion for a two-point cut...we're going to have $1.6 billion fewer heart operations, special-needs teachers, school facilities, hospital emergency rooms."

CHRISTY CLARK, March 2011 explaining that she wouldn't cut the HST rate from 12% to 10% because it would force cuts to health and education.

[radicalone77]

Kevin Falcon is a idiot. His economics are pure stupidity. See cafr1.com to understand that all the political parties are crooks.They are collecting way to much tax. Where does it go? You can't trust a bunch of lawyers to understand fiscal resposibility. All they do is write more stupid laws on how to collect more taxes to finance them and there stupid friends. Vote Libertarian from freedom of life. Less goverment ,less taxes, better life

[cfcreative1]

$175 to screw BC