All the keep the HST ads, as well as the pundits’ statements keep going on about 10 per cent versus the 12 per cent. Very misleading.
The best case wording has been, “vote to keep the HST and the rate will be lowered.” The worst case wording has it as, “Vote yes and the rate will be increased.”
As I’ve said, very misleading. The current dates direct from the HST information site (as directed from the TV ads) are 2012 the provincial rate will be reduced by one per cent to six, and July 1, 2014 a further one per cent to five.
That means we won’t see any decreases for about a year, and the full decrease to 10 per cent in two years.
Mike Topf, Vernon