47
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 16 Dec 2024
47 points (98.0% liked)
Canada
7270 readers
361 users here now
What's going on Canada?
Related Communities
๐ Meta
๐บ๏ธ Provinces / Territories
- Alberta
- British Columbia
- Manitoba
- New Brunswick
- Newfoundland and Labrador
- Northwest Territories
- Nova Scotia
- Nunavut
- Ontario
- Prince Edward Island
- Quebec
- Saskatchewan
- Yukon
๐๏ธ Cities / Local Communities
- Calgary (AB)
- Edmonton (AB)
- Greater Sudbury (ON)
- Guelph (ON)
- Halifax (NS)
- Hamilton (ON)
- Kootenays (BC)
- London (ON)
- Mississauga (ON)
- Montreal (QC)
- Nanaimo (BC)
- Oceanside (BC)
- Ottawa (ON)
- Port Alberni (BC)
- Regina (SK)
- Saskatoon (SK)
- Thunder Bay (ON)
- Toronto (ON)
- Vancouver (BC)
- Vancouver Island (BC)
- Victoria (BC)
- Waterloo (ON)
- Winnipeg (MB)
Sorted alphabetically by city name.
๐ Sports
Hockey
- Main: c/Hockey
- Calgary Flames
- Edmonton Oilers
- Montrรฉal Canadiens
- Ottawa Senators
- Toronto Maple Leafs
- Vancouver Canucks
- Winnipeg Jets
Football (NFL): incomplete
Football (CFL): incomplete
Baseball
Basketball
Soccer
- Main: /c/CanadaSoccer
- Toronto FC
๐ป Schools / Universities
- BC | UBC (U of British Columbia)
- BC | SFU (Simon Fraser U)
- BC | VIU (Vancouver Island U)
- BC | TWU (Trinity Western U)
- ON | UofT (U of Toronto)
- ON | UWO (U of Western Ontario)
- ON | UWaterloo (U of Waterloo)
- ON | UofG (U of Guelph)
- ON | OTU (Ontario Tech U)
- QC | McGill (McGill U)
Sorted by province, then by total full-time enrolment.
๐ต Finance, Shopping, Sales
- Personal Finance Canada
- BAPCSalesCanada
- Canadian Investor
- Buy Canadian
- Quebec Finance
- Churning Canada
๐ฃ๏ธ Politics
- General:
- Federal Parties (alphabetical):
- By Province (alphabetical):
๐ Social / Culture
Rules
Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca
founded 4 years ago
MODERATORS
The GST vacation offloaded all the work to the local businesses, many who weren't ready to apply the exemption in time. Kind of a dick move to them.
It would have made more sense to give that back in the form of a tax rebate during income season, or through bonus child benefit / pension payments, etc who are usually those that needs it the most if they wanted to put it back in people's pocket faster.
The thing that bothers me most about it is that it's making the tax less progressive.
The people who will benefit the most are people who spend the most on: toys, games, eating out, etc.
I get that the whole point is to allow some luxuries for Christmas, but this is going to do jack shit for people who are really struggling.
Yeah, if someone can't afford a toy at $56, they're not going to be able to afford it at $53.50 even one of the most expensive exempt items I can think of, a PS5 Pro ($1075.20 after tax, not including electronic eco waste fees or whatever), only goes down by $48. Not nothing, but hardly a meaningful impact. Someone on fulltime minimum wage who spent 100% of there income on newly tax exempt stuff would save about $200 over the 2 months, but that's not even including the necessities that don't get any cheaper like rent and other bills.