Quote:
Originally Posted by Kindleing
All businesses pass taxes on to the consumer. When their taxes go up consumer prices go up.
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And as most Canadians can testify, the PST/GST/HST/FST implementation in the early 1990's showed that when the hidden from the consumer FST was removed, very few corporations managed to pass that savings on to the consumer and instead considered it a nice 5% boost to their bottom line.