Ontario Community Newspapers

Scugog Citizen (1991), 30 Apr 1996, p. 3

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i ' my" Scugog Citizen -- Tuesday, April 30, 1996-- 3 PZ O'Toole says no way to GST harmonization Durham = East John O'Toole says he's opposed to any move to 'harmonize' the federal goods and service tax (GST) with the provincial sales tax. "I cannot support this," he _ told the Citizen, because it would mean Ontario residents paying tax for certain goods like new homes, books and magazines, childrens clothing, hair cuts and funerals which at present are not subject. to GST. If the harmonization of the two tax scheme was implemented at 15 per cent, he said, it would add $6,000 to the cost of a new home valued at $250,000. "The federal government is looking at this with respect to taxes only and not at the impact on the (Ontario) economy. They see it strictly as a revenue problem and that is pretty short-sighted in my opinion," he said. He went on to say that any fiew or increased tax in Ontario becomes a drag on employment opportunities because the money would flow to government coffers rather than into the purchase of consumer "Fundamentally, this is wrong," said the freshman Conservative MPP. But he agreed that over the next few months, the federal v Liberals are gong to apply a lot of pressure on Ontario to "get on*board" the plan to blend the federal GST with provincial sales taxes. Three Atlantic provinces have already agreed to blend their sales taxes, but" it took an "incentive" payment of nearly $1 billion over four years from Ottawa get this agreement. oting that Ontario now pays about 41 per cent of all =) money that flows into Ottawa, O'Toole said he's not impressed. "Thée day of the beil-out is over in this country," he. Higher taxes adds up to fewer jobs, he stated. Even if Ottawa and Queens Park could reach agreement to blend the two taxes without increasing the overall amount, "who would agree to the revenue loss? ly re-thinking While stating hei is d to har pl: ite But O'Toole agreed the idea has merit by cutting duplication for 'the two levels of government and would be better for businesses who now have to collect and pay two separate taxes. "I realize the federal government is in a difficult position, spending more than it earns; so naturally it cannot revehue without Sen ing to the (Liberal) promise to eliminate the GST," he stated in reference 'to campaign statements to now deputy prime minister Sheila Copp. On other topical issues, Mr. O'Toole said the Conservative promise to trim provincial income tax rates by 30 per cent over three years'will mean more what , jobs in Ontario. Over 50 pther jurisdictions' have been ablé to reduce the' tax rate and increase overall revenue through more jobs and less pay-outs for social assistance. O'Toole notes that the previous NDP government doubled Ontario's debt to $100 billion and this province is now the second Cartwright High School.held its annual At Home formal last Saturday evening and one of the highlights of this evening Is the crowning of the King, the Queen, the Prifites and the Princesses. Jen Parsons and John Ford (photo at right) were d by the stud as the King and Queen. In photo above are, from left, Princesses Leanne Goslin and Jaime McKenha and the Princes Michael Pashley and Adam Wonnacott. The theme for this year's dance was The Wild West and the Rec Centre was marveliously to suit the wild west motif. . 30% OFF Bras & Panties New Styles for Spring '96! Bare Essentials . New Shades for Spring! Silks PANTYHOSE » SPECIAL | Buy 2 Pair .. | Buy 3 Pair .. | Buy 4 Pair or More ... .. SAVE 25% .. SAVE 30% SAVE 40% BR@CK'S Service, Quality and Style since 1881 168 QUEEN ST., PORT PERRY 985-2521 onall ll Licenced Sportswear |e INFANT LAYETTE A Kids' SHORT SETS Size 2 to 6X Youth he TOPS, SHORTS & BOXERS StoX | and more! Sale ends Sunday, May 6th BR@CK' Si 178 QUEEN: ST, for Kids PORT PERRY 985-8797 =

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