Archive for June 30, 2010

June 30, 2010

By Jeff Parkinson

With the HST cash grab coming into effect tomorrow, many people still don’t know exactly what they’ll be paying 8% more for after midnight. As part of the 74% of taxpayers opposed to having McGuinty put his greedy hands in our wallets, I decided to check into it and the results are interesting.

A few very minor concessions have been made to make it seem as though Dalton is not trying to bankrupt families, but ultimately the guy who got elected on a platform of not raising taxes is about to hit your bank account hard.

Coffee which costs $1.52 will not see an increase, but a $60 tank of gas will now cost you $64.80, so if you burn a tank a week that’s $249.60 more out of your pocket each year.