So much for the Ontario Liberals’ promise that the incoming HST tax would lower prices…
From the Toronto Star. The LCBO raised its markups by 7.5 per cent to claw back any consumer savings from the business-friendly harmonized sales tax, the government scrambled to defend the move.
Finance Minister Dwight Duncan, who insists most companies will pass along any reduced costs from the HST to Ontarians, said it would be reckless to lower prices on beer, wine and spirits — even though tax changes would have made them cheaper.
Bah humbug! Throw the rascals out.
