Hi friends,


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 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.

PL. FILL AND AND SIGN THE PETITION AT http://www.unfairtaxgrab.com" rel="nofollow">LINK AGAINST THE 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.

To sign a petition go to http://www.unfairtaxgrab..com" rel="nofollow">LINK

Regards,

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sAnToShI

very good initiative. It is not good for businesses.
Let us do little efforts if together we stop it. Ameen

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daisyfromottawa

well said daisyfromottawa,

we can do something only if we r together.

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sAnToShI

Signing petitions won't work to stop a Cash Grabbing Greedy prick like Dalton McGuilty. People of Ontario are getting what they deserve for reelecting that lying s.o.b.

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Microsoft - Which end of the stick do you want today?

Average earning people (Those who work approx $10 per hour and I believe most of the Canada's population fall in this category) will have nothing to save by end of the year.
People will spend less and hence less boost to the economy.