Quote:
Originally Posted by mx703
There are ONLY TWO downsides to the HST I have come across. And only one of them affect me.
1) paying more when you go out and buy shit. ie. food/clothes (groceries still exempted)
2) restaurants losing money
I read a report of restaurants losing business because of the new HST and their revenues are down. I also read something about some other small businesses that the HST has negatively affected them.
Are there anymore I missed?
Otherwise, the benefits seems to outweigh both of those for me, especially since #2 doesn't directly affect me since I do not own a restaurant.
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I don't think it's fair to blame the problems with the restaurant industry solely on HST. The new drinking and driving laws have also adversely affected their sales.
Realistically, when I go out to dinner, I'm not going to eat less because of an increase in tax. However, I will drink nothing if I'm being threatened to have my car taken away.
http://www.hospitalitybusinessnews.c...rants-and-bars
Kev