The spin campaign against the anti-HST vote result in the media fulfills my prediction that even after the tax was rejected, the war would go on. Sometimes, though, I wish I was wrong … but the corporate message has become so predictable … anyone can clearly see their agenda.
The Fraser Institute, financed by and persistent voice of BIG corporations and the rich and powerful and right wing thinkers, was one of the first out of the gate.
In an almost hilarious piece of work in The Vancouver Sun …although I’m sure they didn’t intend it that way ….. the Institute says the loss of the HST will give BC “one of the highest overall tax rates on investment among the provinces..only PEI will have a higher rate” .
So sounds to me like they’re calling Finance Minster Keven Falcon a liar, when he says BC is still one of the best, most competitive places to invest.
Which is it? Well, judging by Standard and Poors reaction to the vote result …keeping BC’s Triple “A” tax rating, I’ll buy Falcon’s version of reality.
What was the Fraser Institute pitch all about? They made it quite clear in the rest of the article: BC corporations should have their corporate income tax rate “completely” eliminated ..down to ZERO! Or at least give business a complete sales tax exemption on machinery, equipment and technology. Or a flat tax on all sources of income, wages, capital gains, business income, interest income, savings and investment returns.
In my view, a pathetic formula for the rich to get richer and the middle class and poor to pay for almost everything .
Hilarious! Except the Sun gave it prominent placement. And we also know the Fraser Institute does have the ear of the Liberal government.
So it’s scary. Not that the government would dare to adopt any of those ludicrous recommendations BEFORE an election … but who knows what could happen after … not likely within days anymore …but months later?
And what I see as the anti-HST spin hasn’t stopped there.
A full five-column headline in Tuesday’s Province declared “HST defeat creates uncertainty”. The sub headline said renovators could suffer if homeowners wait for the PST to return.
Certainly the headline sounded like bad news as a result of the rejection of the hated tax. BUT, reading the article, it seemed to me the facts did not support that: home builders and renovators could suffer …not from the loss of the tax, which many were HAPPY to see go down, but from the DELAY in getting rid of it.
That’s a very big difference. The headline should have read “HST DELAY creates uncertainty” not the HST DEFEAT, to more accurately reflect the contents.
The Sun also had what I felt was a deceptive and misleading headline on a post HST story… “Alberta buyers big winners as BC axes HST”.
Sounds bad for BC … BUT the story reported the reason Albertans will benefit is that removal of the HST will make it cheaper for them to buy BC recreational homes. In fact, it added the HST had been a “disaster” for BC’s recreational property market. Without the tax, BC sellers will find it much easier to sell their properties … and we all know increasing sales means better prices. Sounds pretty good for British Columbians, not just Albertans.
Not a bad news story at all for British Columbians ..but the headline had a much different spin.
As I predicted, the HST fight is NOT “behind us”: the corporate community and the very rich who benefited BIG TIME from the unfair tax will not go quietly into the dark. They will use all their access routes to government ministers … direct and indirect … (including the media) to find ways AROUND the public’s decision.
That, of course, is their right.
But those who want business and the wealthy to pay their fair share must remain vigilant …to stop the end run now being attempted.