Originally Posted by parnel
Tell us that your next movie ticket will be reduced by about 10 cents next time you go to the theater. Also, sellers of resale goods/services will absorb the 1% reduction as profit when they pass it through.
Good experienced governments know full well that businesses will simply take additional profit when they are middle men in tax reductions. Most economists have gone on record as opposing this form of tax reduction as well, and Harpoon is an economist, so he knows he is buying us with our own money of which we'll actually very little. Cheap politics is what we're getting...not cash.
And funny, that's how all the "tax reductions" announced in the budget works!
At the end of the day, nothing changes for the government in terms of revenues and businesses get more money and Canadians feel they get a good deal but really are not at all.