Monday, December 14, 2009

HST Negative Impact Disputed

A study by the Canadian Centre for Policy Alternatives says Ontario's harmonized sales tax is "virtually revenue neutral'' and not the cash grab critics say it is.

The report to be released today finds low- and modest-income families will come out slightly ahead under the Liberals' HST package which includes increased property and sales tax credits and income tax cuts.

Households with incomes above $100-thousand a year come out just slightly behind.